Employers › Schlage Lock
Recordkeeping fees per participant · largest plan, Schlage Lock Company LLC Employee Savings Plan · plan year 2024
$54.02
Higher than 56% of the 1,697 plans $250M to 1B that report it.
= $351,970 / 6,515
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013145553NAL0000732707001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013145553NAL0000732707001, received 2025-10-13
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 2025-10-13.
Recordkeeping fees per participantheadline
$54.02
Higher than 56% of the 1,697 plans $250M to 1B that report it.
= $351,970 / 6,515
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013145553NAL0000732707001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013145553NAL0000732707001, received 2025-10-13
Administrative expenses excluding investment management, per participant
$54.16
Higher than 36% of the 2,324 plans $250M to 1B that report it.
= $352,870 / 6,515
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013145553NAL0000732707001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013145553NAL0000732707001, received 2025-10-13
Administrative expenses per participant
$82.80
Higher than 46% of the 2,405 plans $250M to 1B that report it.
= $539,419 / 6,515
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013145553NAL0000732707001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013145553NAL0000732707001, received 2025-10-13
Administrative expenses as a share of assets
0.055%
Higher than 37% of the 2,407 plans $250M to 1B that report it.
= $539,419 / $976,065,761
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013145553NAL0000732707001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013145553NAL0000732707001, received 2025-10-13
Employer contributions per participant
$5,217
Higher than 75% of the 2,457 plans $250M to 1B that report it.
= $33,986,603 / 6,515
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013145553NAL0000732707001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013145553NAL0000732707001, received 2025-10-13
Employer share of total contributions
38.3%
Higher than 72% of the 2,459 plans $250M to 1B that report it.
= $33,986,603 / $88,692,207
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013145553NAL0000732707001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013145553NAL0000732707001, received 2025-10-13
99.0% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($82.80 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Plan terms are not published in public filings.
| Plan | Assets | Participants with a balance | Headline | Year |
|---|---|---|---|---|
| Schlage Lock Company LLC Employee Savings Plan | $976,065,761 | 6,515 | $54.02 recordkeeping fees per participant | 2024 |
| Schlage Lock Company LLC Employee Savings Plan for Bargained Employees | $14,567,938 | 490 | $15.24 recordkeeping fees per participant | 2024 |
Sponsor name as filed: SCHLAGE LOCK COMPANY LLC; SEC registrant: Schlage Lock Co LLC (CIK 1604114, matched by EIN).