Plan Snapshot
- Plan Sponsor: Steris Corporation
- Sponsor EIN: 341482024
- Sponsor Address: 5960 HEISLEY RD, MENTOR, OH, 440601834
- Plan Type: 401(k)
- Total Participants: 10,824
- Total Assets: $1.3B
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. |
|---|---|---|---|---|
| 2024 | 10,824 | $1.3B | $29.5M | $76.6M |
| 2023 | 11,225 | $1.1B | $27.0M | $70.4M |
| 2022 | 10,338 | $929.7M | $25.2M | $66.3M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $784,096 | — | $784,096 |
| BOBER, MARKEY, FEDORVICH & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- BOBER, MARKEY, FEDORVICH & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $784,096
- Estimated Expense Ratio: 0.062% 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 | $731,546 | — | — | — | — |
| 2023 | $622,556 | — | — | — | — |
| 2022 | $689,182 | — | — | — | — |