Plan Snapshot
- Plan Sponsor: Becton, Dickinson And Company
- Sponsor EIN: 220760120
- Sponsor Address: 1 BECTON DRIVE, FRANKLIN LAKES, NJ, 074171815
- Plan Type: 401(k)
- Total Participants: 21,926
- Total Assets: $5.8B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 21,926 | $5.8B | $153.6M | $240.3M |
| 2023 | 22,688 | $5.4B | $143.1M | $241.7M |
| 2022 | 24,730 | $4.7B | $140.4M | $233.1M |
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 |
|---|---|---|---|---|
| FID INV INST OPS CO | Recordkeeper | $502,525 | — | $502,525 |
| HOLLAND AND KNIGHT | ERISA Attorney | $105,488 | — | $105,488 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $30,000 | — | $30,000 |
| MILLER ZINN | Other Service Provider | $16,000 | — | $16,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — Recordkeeper
- WILLIS TOWERS WATSON US LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $654,013
- Estimated Expense Ratio: 0.011% 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 |
|---|---|---|---|---|---|
| 2024 | $654,012 | — | $30,000 | — | — |
| 2023 | $1,647,399 | — | $11,700 | — | — |
| 2022 | $1,859,992 | — | — | — | — |