Employers › International Flavors & Fragrances
Recordkeeping fees per participant · International Flavors & Fragrances Inc. Retirement Investment Fund Plan · plan year 2024
$65.14
Higher than 71% of the 1,697 plans $250M to 1B that report it.
= $443,545 / 6,809
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250819131851NAL0004367490001, received 2025-08-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250819131851NAL0004367490001, received 2025-08-19
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-19.
Administrative expenses excluding investment management, per participant
$69.51
Higher than 53% of the 2,324 plans $250M to 1B that report it.
= $473,282 / 6,809
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250819131851NAL0004367490001, received 2025-08-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250819131851NAL0004367490001, received 2025-08-19
Administrative expenses per participant
$125.42
Higher than 73% of the 2,405 plans $250M to 1B that report it.
= $854,011 / 6,809
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250819131851NAL0004367490001, received 2025-08-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250819131851NAL0004367490001, received 2025-08-19
Administrative expenses as a share of assets
0.087%
Higher than 59% of the 2,407 plans $250M to 1B that report it.
= $854,011 / $979,731,253
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250819131851NAL0004367490001, received 2025-08-19
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250819131851NAL0004367490001, received 2025-08-19
Employer contributions per participant
$4,579
Higher than 69% of the 2,457 plans $250M to 1B that report it.
= $31,178,509 / 6,809
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250819131851NAL0004367490001, received 2025-08-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250819131851NAL0004367490001, received 2025-08-19
Employer share of total contributions
28.0%
Higher than 40% of the 2,459 plans $250M to 1B that report it.
= $31,178,509 / $111,509,405
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250819131851NAL0004367490001, received 2025-08-19
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250819131851NAL0004367490001, received 2025-08-19
Employer match
“The Company matches 100% of the first 6% of the eligible participant’s base compensation contributed.”
Form 11-K filed 2026-06-29, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“Participants vest in the Company’s matching contribution after three years of continuous credited service.”
Form 11-K filed 2026-06-29, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“Beginning January 1, 2023, all eligible new hires are automatically enrolled at 3% after sixty days unless an affirmative election is made.”
Form 11-K filed 2026-06-29, for the year ended 2025-12-31 · plan description note, eligibility · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250819131851NAL0004367490001, received 2025-08-19
| Field | Value | Source |
|---|---|---|
| Plan sponsor | INTERNATIONAL FLAVORS & FRAGRANCES INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Plan name | INTERNATIONAL FLAVORS & FRAGRANCES INC. RETIREMENT INVESTMENT FUND PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Sponsor EIN / plan number | 13-1432060 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Industry (business code) | 325900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Filing received | 2025-08-19 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Participants, beginning of year | 6,955 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Active participants | 5,363 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Participants, end of year | 7,094 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Participants with an account balance | 6,809 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Total assets, beginning of year | $826,605,106 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Total assets, end of year | $979,731,253 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Net assets, end of year | $979,697,250 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Total income | $224,487,550 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Net income | $136,323,302 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Employer contributions | $31,178,509 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Participant contributions | $56,467,264 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Other contributions (incl. rollovers) | $23,863,632 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Total contributions | $111,509,405 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Benefit payments | $87,164,509 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Total expenses (incl. benefit payments) | $88,164,248 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Total administrative expenses | $854,011 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Contract administrator fees | $900 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Recordkeeping fees | $443,545 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Investment advisory and management fees | $380,729 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Administrative expenses excluding investment management | $473,282 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Held in common/collective trusts | $914,909,593 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Held in mutual funds | $23,410,911 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250819131851NAL0004367490001, received 2025-08-19 |
| Independent auditor | PKF O'CONNOR DAVIES, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250819131851NAL0004367490001, received 2025-08-19 |
Position = column in the DOL layout for form year 2024. Filing 20250819131851NAL0004367490001, received 2025-08-19.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $446,149 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $380,729 | no |
| TOWER WATSON INVESTMENT SERVICES, | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $28,824 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250819131851NAL0004367490001, received 2025-08-19.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $826,605,106 | $979,731,253 | 18.5% |
| Participants with a balance | 6,648 | 6,809 | 2.4% |
| Administrative expenses | $565,761 | $854,011 | 50.9% |
| Recordkeeping fees per participant | $40.61 | $65.14 | 60.4% |
| Employer contributions | $28,879,009 | $31,178,509 | 8.0% |
Prior filing 20240822155423NAL0003134883001, received 2024-08-22; the plan years are contiguous.
Sponsor name as filed: INTERNATIONAL FLAVORS & FRAGRANCES INC.; SEC registrant: INTERNATIONAL FLAVORS & FRAGRANCES INC (CIK 51253, matched by EIN; display name from the Form 11-K cover).