Plan Ledger DOL Form 5500 · updated monthly

West Pharmaceutical Services, Inc.401(k) + ESOP (KSOP)

WEST PHARMACEUTICAL SERVICES, INC. 401(K) PLAN · EXTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

West Pharmaceutical Services, Inc. reported $173,037 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,203 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 0.04% to 0.03%. 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 148th-largest of 3,651 plans among Pennsylvania employers on file, and the 554th of 13,661 in manufacturing. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$520,825,192
Participants with balances5,275
Active participants4,473
Employer contributions$23,275,031
Employee contributions$26,328,009
Employer contribution per active participant$5,203
Average account balance$98,735
Benefits paid to participants$58,860,538
Plan auditUnmodified (clean) audit opinion
AuditorFISCHER CUNNANE & ASSOCIATES, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$520.8M · 5,275 accts · $23.3M emplr
2023$470.9M · 5,399 accts · $21.7M emplr
2022$412.3M · 5,458 accts · $21.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$151,122
Investment management$21,915
Total administrative$173,037
The West Pharmaceutical Services, Inc. 401(k) match · 2024
Employer contribution per active participant$5,203
Median for plans this size$4,294
2024$5,203 per active participant
2023$4,788 per active participant
2022$4,719 per active participant

West Pharmaceutical Services, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$148,978
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$21,915

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

Administrative cost history3
2024$173,037 · 0.03%
2023$179,745 · 0.04%
2022$200,259 · 0.04%
Same employer
Similar plansManufacturing · Pennsylvania
Axalta Coating Systems, LLC PA$593.9M · 0.09%
Endo USA, Inc. PA$540.6M · 0.06%
Endo USA, Inc. PA$492.2M · 0.07%
Johnson Matthey Inc. PA$483.5M · 0.10%
Veolia Wts USA, Inc. PA$479.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231210010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.