Plan Snapshot
- Plan Sponsor: Smith And Nephew, INC.
- Sponsor EIN: 510123924
- Sponsor Address: 1450 BROOKS ROAD, MEMPHIS, TN, 38116
- Plan Type: 401(k)
- Total Participants: 6,284
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 6,284 | $1.5B | $57.5M | $66.5M |
| 2023 | 6,667 | $1.4B | $59.1M | $68.0M |
| 2022 | 7,159 | $1.1B | $56.9M | $63.8M |
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 |
|---|---|---|---|---|
| HORNE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HORNE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $1,175,441 | $796,799 | $3,900 | — | — |
| 2023 | $1,183,680 | $740,790 | $2,400 | — | — |
| 2022 | $1,510,776 | $738,604 | — | — | — |