# Thermo Fisher Scientific INC. 401(k) Plan
Source: https://planprovider.pro/companies/thermo-fisher-scientific-inc-401k-plan

> Thermo Fisher Scientific INC.&#39;s 401(k) plan: 52,390 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Thermo Fisher Scientific INC.

- **Sponsor EIN:** 042209186

- **Sponsor Address:** 300 INDUSTRY DRIVE, PITTSBURGH, PA, 15275

- **Plan Type:** 401(k)

- **Total Participants:** 52,390

- **Total Assets:** $10.3B

## 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|52,390|$10.3B|$266.7M|$479.2M|

| 2023|36,150|$7.5B|$209.6M|$360.0M|

| 2022|41,102|$6.6B|$230.1M|$363.8M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$918,563|—|$918,563|

| NEPC LLC|INVESTMENT ADVISOR|$314,587|—|$314,587|

| STRATEGIC ADVISORS, INC.|ADVISOR|$254,171|—|$254,171|

| BAKER & HOSTETLER LLP|ATTORNEY/LEGAL|$152,864|—|$152,864|

| PRICEWATERHOUSECOOPERS LLP|ACCOUNTANT/AUDITOR|$111,500|—|$111,500|

| PBMARES, LLP|ACCOUNTING|$43,707|—|$43,707|

| KELLY SERVICES LLC|CONSULTANT|$30,566|—|$30,566|

| AON CONSULTING, INC.|CONSULTANT|$24,254|—|$24,254|

| ALIGHT SOLUTIONS LLC|CONSULTANT|$9,874|—|$9,874|

| ATESSA BENEFITS|CONSULTANT|$6,101|—|$6,101|

### Verified Provider Profiles

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

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

- [NEPC LLC](https://planprovider.pro/provider/milliman) — INVESTMENT ADVISOR

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

- [BAKER & HOSTETLER LLP](https://planprovider.pro/provider/bakerhostetler) — ATTORNEY/LEGAL

- [PRICEWATERHOUSECOOPERS LLP](https://planprovider.pro/provider/pricewaterhousecoopers-llp) — ACCOUNTANT/AUDITOR

- [PBMARES, LLP](https://planprovider.pro/provider/pbmares-llp) — ACCOUNTING

- [AON CONSULTING, INC.](https://planprovider.pro/provider/alight-solutions) — CONSULTANT

- [ALIGHT SOLUTIONS LLC](https://planprovider.pro/provider/alight-solutions) — CONSULTANT

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $1,866,187

- **Estimated Expense Ratio:** 0.018% 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|$1,872,007|$255,237|$20,400|$155,207|—|

| 2023|$1,485,000|$200,000|—|$85,000|—|

| 2022|$1,205,000|$178,000|—|—|$289,000|

## Similar Plans

- [Thermo Fisher Scientific INC.](https://planprovider.pro/companies/thermo-fisher-scientific-inc-plan-100) — 1,313 participants

- [Fisher Scientific International LLC](https://planprovider.pro/companies/fisher-scientific-international-llc-401k-plan) — 642 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/thermo-fisher-scientific-inc-401k-plan)

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