Plan Snapshot
- Plan Sponsor: Danaher Corporation
- Sponsor EIN: 591995548
- Sponsor Address: 2200 PENNSYLVANIA AVE NW STE 800W, WASHINGTON, DC, 200371701
- Plan Type: 401(k)
- Total Participants: 23,252
- Total Assets: $6.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 23,252 | $6.5B | $166.6M | $253.5M |
| 2023 | 23,090 | $5.8B | $199.9M | $299.9M |
| 2022 | 29,444 | $5.9B | $204.2M | $301.7M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | N/A | $1,177,316 | — | $1,177,316 |
| FIDELITY INV INSTITUTIONAL OP CO IN | N/A | $523,254 | — | $523,254 |
| GROOM LAW GROUP | N/A | $256,245 | — | $256,245 |
| RV KUHNS | N/A | $180,074 | — | $180,074 |
| ADP | N/A | $58,834 | — | $58,834 |
| NEWPORT GROUP, INC. | N/A | $27,500 | — | $27,500 |
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — N/A
- FIDELITY INV INSTITUTIONAL OP CO IN — N/A
- GROOM LAW GROUP — N/A
- ADP — N/A
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,223,223
- Estimated Expense Ratio: 0.034% 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 | $2,909,266 | — | — | — | — |
| 2023 | $3,133,520 | — | — | — | — |
| 2022 | $2,680,966 | — | — | — | — |