Plan Ledger DOL Form 5500 · updated monthly

Voith US Inc.401(k)

VOITH EMPLOYEE SAVINGS PLAN · YORK, PA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Voith US Inc. reported $450,660 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $6,199 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 3 years on file its reported administrative ratio has held roughly steady near 0.113%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 179th-largest of 3,651 plans among Pennsylvania employers on file, and the 657th of 13,661 in manufacturing. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$419,026,832
Participants with balances2,387
Active participants1,686
Employer contributions$10,451,784
Employee contributions$14,157,052
Employer contribution per active participant$6,199
Average account balance$175,545
Benefits paid to participants$39,768,821
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$419.0M · 2,387 accts · $10.5M emplr
2023$378.0M · 2,298 accts · $11.8M emplr
2022$328.8M · 2,323 accts · $11.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$329,358
Investment management$98,942
Audit (IQPA)$22,360
Total administrative$450,660
The Voith US Inc. 401(k) match · 2024
Employer contribution per active participant$6,199
Median for plans this size$4,294
2024$6,199 per active participant
2023$7,010 per active participant
2022$6,973 per active participant

Voith US Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size. 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 · 20246
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$329,358
SAGEVIEW ADVISORY GROUP, LLC · Consulting · Insurance services$73,600
MCKONLY & ASBURY · Accounting / audit$22,360
ENVESTNET ASSET MANAGEMENT INC · Consulting · Insurance services$15,988
MCADAM LLC · Consulting · Insurance services$8,556
CHARLES SCHWAB & CO., INC. · Securities brokerage$799

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$450,660 · 0.11%
2023$407,342 · 0.12%
2022$401,575 · 0.11%
All plans at this employer2
VOITH EMPLOYEE SAVINGS PLAN401(k)
VOITH RETIREMENT SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Vishay Intertechnology, Inc. PA$452.8M · 0.06%
Alcoa USA Corp PA$442.6M
Victaulic PA$430.1M · 0.10%
Msa Worldwide, LLC PA$415.4M · 0.08%
Elliott Company PA$395.9M · 0.04%
Draeger, Inc. PA$339.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 392042166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.