Plan Snapshot
- Plan Sponsor: Stryker Corporation
- Sponsor EIN: 381239739
- Sponsor Address: 1941 STRYKER WAY, PORTAGE, MI, 49002
- Plan Type: 401(k)
- Total Participants: 26,501
- Total Assets: $7.9B
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. |
|---|---|---|---|---|
| 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. | NONE | $2,402,261 | — | $2,402,261 |
| THE VANGUARD GROUP, INC. | NONE | $1,291,120 | — | $1,291,120 |
| FUND EVALUATION GROUP | NONE | $127,500 | — | $127,500 |
| ERNST & YOUNG US LLP | NONE | $41,400 | — | $41,400 |
| WINSTON & STRAWN LLP | NONE | $20,112 | — | $20,112 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISERS INC. — NONE
- THE VANGUARD GROUP, INC. — NONE
- ERNST & YOUNG US LLP — NONE
- WINSTON & STRAWN LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,882,393
- Estimated Expense Ratio: 0.049% 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 | $3,873,552 | — | — | — | — |
| 2023 | $3,164,350 | — | — | — | — |
| 2022 | $2,787,932 | — | — | — | — |