Plan Snapshot
- Plan Sponsor: Avery Dennison Corporation
- Sponsor EIN: 951492269
- Sponsor Address: 8080 NORTON PARKWAY, MENTOR, OH, 44060
- Plan Type: 401(k)
- Plan Number: 004
- Total Participants: 8,975
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 8,975 | $1.5B | $0 | $0 |
| 2024 | 6,059 | $1.4B | $0 | $56.3M |
| 2023 | 5,750 | $1.3B | $0 | $52.4M |
| 2022 | 4,892 | $1.1B | $0 | $45.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $550,276 | — | $550,276 |
| LATHAM WATKINS LLP | ERISA Attorney | $139,848 | — | $139,848 |
| AON HEWITT INVESTMENT CONSULTINGINC | Other Service Provider | $58,525 | — | $58,525 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $748,649
- Estimated Expense Ratio: 0.050% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $148,678,603 | $108,608 | $6,900 | — | — |
| 2024 | $854,270 | $117,845 | — | — | — |
| 2023 | $817,642 | $128,294 | — | — | — |
| 2022 | $802,625 | $156,284 | — | — | — |