Plan Snapshot
- Plan Sponsor: Stryker Corporation
- Sponsor EIN: 381239739
- Sponsor Address: 1941 STRYKER WAY, PORTAGE, MI, 49002
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 38,998
- Total Assets: $9.4B
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. |
|---|---|---|---|---|
| 2025 | 38,998 | $9.4B | $0 | $0 |
| 2024 | 26,501 | $7.9B | $292.8M | $314.9M |
| 2023 | 25,035 | $6.6B | $250.8M | $280.5M |
| 2022 | 24,750 | $5.3B | $230.6M | $253.5M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | Other Service Provider | $2,839,303 | — | $2,839,303 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $1,327,778 | — | $1,327,778 |
| FUND EVALUATION GROUP | Other Service Provider | $105,000 | — | $105,000 |
| ERNST & YOUNG US LLP | Other Service Provider | $42,850 | — | $42,850 |
| WINSTON & STRAWN LLP | Other Service Provider | $7,344 | — | $7,344 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,322,275
- Estimated Expense Ratio: 0.046% 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 | $580,183,670 | — | — | — | — |
| 2024 | $3,873,552 | — | — | — | — |
| 2023 | $3,164,350 | — | — | — | — |
| 2022 | $2,787,932 | — | — | — | — |