Plan Ledger DOL Form 5500 · updated monthly

Vertiv Group Corporation401(k)

VERTIV GROUP CORPORATION EMPLOYEE RETIREMENT SAVINGS PLAN · WESTERVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Vertiv Group Corporation reported $826,754 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,491 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.09% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 51st-largest of 3,295 plans among Ohio employers on file, and the 299th of 13,661 in manufacturing. In 2024, employees put in $3.26 for every $1.00 the employer contributed; active participation has grown from 3,916 to 4,421 since 2022.

Plan summary
Net assets, end of year$1,132,204,976
Participants with balances5,701
Active participants4,421
Employer contributions$11,011,395
Employee contributions$35,938,891
Employer contribution per active participant$2,491
Average account balance$198,598
Benefits paid to participants$102,670,194
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 5,701 accts · $11.0M emplr
2023$950.1M · 4,912 accts · $10.1M emplr
2022$775.3M · 4,458 accts · $9.3M emplr
The Vertiv Group Corporation 401(k) match · 2024
Employer contribution per active participant$2,491
Median for plans this size$5,259
2024$2,491 per active participant
2023$2,776 per active participant
2022$2,366 per active participant

Vertiv Group Corporation's 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$430,948
ONEDIGITAL INVESTMENT ADVISORS LLC · Consulting$127,500
CAPITAL BANK AND TRUST COMPANY$105,865
POLSINELLI PC · Legal$96,741
ERNST & YOUNG U.S. LLP · Accounting / audit$62,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$826,754 · 0.08%
2023$883,083 · 0.10%
2022$773,791 · 0.09%
Same employer
Similar plansManufacturing · Ohio
The Timken Company OH$1.4B · 0.09%
Owens Corning OH$1.3B · 0.02%
Steris Corporation OH$1.3B · 0.06%
Hyster-Yale Group, Inc. OH$966.6M · 0.05%
Dana Limited OH$895.8M · 0.08%
Mettler-Toledo, LLC OH$882.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813496944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.