# Smith And Nephew, INC. 401(k) Plan
Source: https://planprovider.pro/companies/smith-and-nephew-inc-401k-plan

> Smith And Nephew, INC.'s 401(k) plan: 6,284 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

| STRATEGIC ADVISORS, INC.|ADVISOR|$519,214|—|$519,214|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$268,275|—|$268,275|

| MERCER|CONSULTANT|$79,677|—|$79,677|

| ALSTON & BIRD LLP|CONSULTANT|$20,690|—|$20,690|

| HORNE|CONSULTANT|$10,000|—|$10,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [ALSTON & BIRD LLP](https://planprovider.pro/provider/alston-and-bird) — CONSULTANT

- [HORNE](https://planprovider.pro/provider/horne-llp) — CONSULTANT

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $897,856

- **Estimated Expense Ratio:** 0.059% 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|$1,175,441|$796,799|$3,900|—|—|

| 2023|$1,183,680|$740,790|$2,400|—|—|

| 2022|$1,510,776|$738,604|—|—|—|

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