Employers › Smith and Nephew
Recordkeeping fees per participant · Smith & Nephew U.S. Savings Plan · plan year 2024
$28.83
Higher than 40% of the 790 plans over $1B that report it.
= $264,375 / 9,171
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250701124105NAL0012144801001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701124105NAL0012144801001, received 2025-07-01
Percentiles compare this plan with the Schedule H plans over $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 2025-07-01.
Administrative expenses excluding investment management, per participant
$41.29
Higher than 44% of the 1,045 plans over $1B that report it.
= $378,642 / 9,171
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250701124105NAL0012144801001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701124105NAL0012144801001, received 2025-07-01
Administrative expenses per participant
$128.17
Higher than 82% of the 1,076 plans over $1B that report it.
= $1,175,441 / 9,171
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250701124105NAL0012144801001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701124105NAL0012144801001, received 2025-07-01
Administrative expenses as a share of assets
0.077%
Higher than 76% of the 1,076 plans over $1B that report it.
= $1,175,441 / $1,519,546,220
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250701124105NAL0012144801001, received 2025-07-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250701124105NAL0012144801001, received 2025-07-01
Employer contributions per participant
$6,267
Higher than 78% of the 1,135 plans over $1B that report it.
= $57,470,332 / 9,171
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250701124105NAL0012144801001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701124105NAL0012144801001, received 2025-07-01
Employer share of total contributions
42.9%
Higher than 80% of the 1,135 plans over $1B that report it.
= $57,470,332 / $133,902,086
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250701124105NAL0012144801001, received 2025-07-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250701124105NAL0012144801001, received 2025-07-01
Plan terms are not published in public filings.
2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 2E profit-sharing · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250701124105NAL0012144801001, received 2025-07-01
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SMITH AND NEPHEW, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Plan name | SMITH & NEPHEW U.S. SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Sponsor EIN / plan number | 51-0123924 / 008 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Sponsor location | MEMPHIS, TN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Industry (business code) | 339110, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Filing received | 2025-07-01 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Participants, beginning of year | 9,495 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Active participants | 6,284 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Participants, end of year | 9,307 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Participants with an account balance | 9,171 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Total assets, beginning of year | $1,351,746,818 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Total assets, end of year | $1,519,546,220 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Net assets, end of year | $1,519,546,220 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Total income | $333,054,783 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Net income | $167,776,022 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Employer contributions | $57,470,332 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Participant contributions | $66,465,489 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Other contributions (incl. rollovers) | $9,966,265 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Total contributions | $133,902,086 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Benefit payments | $164,095,840 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Total expenses (incl. benefit payments) | $165,278,761 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Total administrative expenses | $1,175,441 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Contract administrator fees | $3,900 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Recordkeeping fees | $264,375 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Investment advisory and management fees | $796,799 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Administrative expenses excluding investment management | $378,642 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Held in common/collective trusts | $1,382,728,510 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Held in mutual funds | $117,657,044 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250701124105NAL0012144801001, received 2025-07-01 |
| Independent auditor | HORNE, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250701124105NAL0012144801001, received 2025-07-01 |
Position = column in the DOL layout for form year 2024. Filing 20250701124105NAL0012144801001, received 2025-07-01.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $519,214 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $268,275 | yes |
| MERCER | CONSULTANT | 16 Consulting (general) | $79,677 | no |
| ALSTON & BIRD LLP | CONSULTANT | 16 Consulting (general) | $20,690 | no |
| HORNE | CONSULTANT | 16 Consulting (general) | $10,000 | 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 20250701124105NAL0012144801001, received 2025-07-01.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,351,746,818 | $1,519,546,220 | 12.4% |
| Participants with a balance | 9,490 | 9,171 | -3.4% |
| Administrative expenses | $1,183,680 | $1,175,441 | -0.7% |
| Recordkeeping fees per participant | $36.38 | $28.83 | -20.8% |
| Employer contributions | $59,117,791 | $57,470,332 | -2.8% |
Prior filing 20241007103912NAL0015047073001, received 2024-10-07; the plan years are contiguous.
Sponsor name as filed: SMITH AND NEPHEW, INC.; SEC registrant: SMITH & NEPHEW INC (CIK 1090875, matched by EIN).