Plan Snapshot
- Plan Sponsor: Lonza Usa INC.
- Sponsor EIN: 853984443
- Sponsor Address: 412 MOUNT KEMBLE AVENUE, MORRISTOWN, NJ, 07960
- Plan Type: 401(k)
- Total Participants: 5,125
- Total Assets: $1.2B
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 | 5,125 | $1.2B | $45.8M | $51.9M |
| 2023 | 4,736 | $930.0M | $37.4M | $48.0M |
| 2022 | 4,667 | $768.6M | $34.5M | $43.5M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $943,701 | — | $943,701 |
| FIDUCIENT ADVISORS | CONSULTANT | $109,994 | — | $109,994 |
| WISS & COMPANY LLP | ACCOUNTANT | $30,000 | — | $30,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- WISS & COMPANY LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,083,695
- Estimated Expense Ratio: 0.091% 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 | $530,964 | $109,994 | — | $30,000 | — |
| 2023 | $483,603 | $85,682 | — | $27,500 | — |
| 2022 | $416,875 | $104,947 | $195,690 | — | $67,063 |