Plan Snapshot
- Plan Sponsor: Organon LLC
- Sponsor EIN: 850540903
- Sponsor Address: 30 HUDSON STREET, JERSEY CITY, NJ, 07302
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 2,033
- Total Assets: $419.8M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,033 | $419.8M | $0 | $0 |
| 2024 | 1,762 | $324.1M | $36.0M | $32.8M |
| 2023 | 1,659 | $245.0M | $38.8M | $34.0M |
| 2022 | 1,669 | $149.0M | $33.8M | $28.0M |
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 | $26,980 | — | $26,980 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,980
- Estimated Expense Ratio: 0.006% 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 | $48,185,492 | $10,239 | $300 | — | — |
| 2024 | $21,283 | $8,373 | — | — | — |
| 2023 | $13,069 | $6,719 | — | — | — |
| 2022 | $9,565 | $3,690 | — | — | — |