Plan Ledger DOL Form 5500 · updated monthly

Wella Operations US LLC401(k)

WELLA RETIREMENT SAVINGS PLAN · CALABASAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Wella Operations US LLC reported $243,476 in plan administrative expenses for 2024: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $11,726 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 0.40%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,357th-largest of 9,483 plans among California employers on file, and the 2,525th of 13,661 in manufacturing. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$67,786,691
Participants with balances756
Active participants594
Employer contributions$6,965,518
Employee contributions$6,838,775
Employer contribution per active participant$11,726
Average account balance$89,665
Benefits paid to participants$7,131,825
Plan auditUnmodified (clean) audit opinion
AuditorJGD & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$67.8M · 756 accts · $7.0M emplr
2023$53.1M · 778 accts · $6.2M emplr
2022$35.5M · 681 accts · $5.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,168
Investment management$190,058
Audit (IQPA)$12,250
Total administrative$243,476
The Wella Operations US LLC 401(k) match · 2024
Employer contribution per active participant$11,726
Median for plans this size$3,635
2024$11,726 per active participant
2023$9,546 per active participant
2022$9,206 per active participant

Wella Operations US LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$148,926
MORGAN STANLEY DOMESTIC HOLDIN · Investment management$77,545
JGD & ASSOCIATES LLP · Accounting / audit$12,250
CHARLES SCHWAB & CO., INC. · Securities brokerage$185

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$243,476 · 0.40%
2023$202,006 · 0.46%
2022$126,999 · 0.39%
Same employer
Similar plansManufacturing · California
Virco Mfg. Corporation CA$69.4M · 0.30%
Ngk Electronics USA, Inc. CA$68.7M · 0.03%
Ba Holdings, Inc. CA$67.6M · 0.25%
Datadirect Networks, Inc. CA$66.0M · 0.17%
Taylor-Listug, Inc. CA$65.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852416861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.