Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Steris
Steris 401(k)
- Manufacturing
- Mentor, OH
- EIN 34-1482024
- 1 plan with Schedule H financials
- Plan year 2024
- Steris Corporation
- SEC registrant Steris Corp
Administrative expenses excluding investment management, per participant · Steris Corporation 401(k) Plan · plan year 2024
$57.10
Higher than 68% of the 1,045 plans over $1B that report it.
Source
= $731,546 / 12,812
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014091528NAL0001159683001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014091528NAL0001159683001, received 2025-10-14
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 2025-10-14.
Cost and contributions
Administrative expenses per participant
$57.10
Higher than 38% of the 1,076 plans over $1B that report it.
Source
= $731,546 / 12,812
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014091528NAL0001159683001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014091528NAL0001159683001, received 2025-10-14
Administrative expenses as a share of assets
0.058%
Higher than 63% of the 1,076 plans over $1B that report it.
Source
= $731,546 / $1,260,038,679
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014091528NAL0001159683001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014091528NAL0001159683001, received 2025-10-14
Employer contributions per participant
$2,301
Higher than 23% of the 1,135 plans over $1B that report it.
Source
= $29,483,123 / 12,812
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014091528NAL0001159683001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014091528NAL0001159683001, received 2025-10-14
Employer share of total contributions
23.5%
Higher than 18% of the 1,135 plans over $1B that report it.
Source
= $29,483,123 / $125,433,417
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014091528NAL0001159683001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014091528NAL0001159683001, received 2025-10-14
Plan terms, as stated in Steris Corporation's SEC filings
Plan terms are described in Steris Corporation's SEC filings: Form 11-K filed 2015-06-29 and Form 10-K filed 2015-05-27. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2I · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014091528NAL0001159683001, received 2025-10-14
Full record, Steris Corporation 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | STERIS CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Plan name | STERIS CORPORATION 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Sponsor EIN / plan number | 34-1482024 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Sponsor location | MENTOR, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Industry (business code) | 339110, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Participants, beginning of year | 13,346 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Active participants | 10,824 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Participants, end of year | 13,383 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Participants with an account balance | 12,812 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Total assets, beginning of year | $1,127,420,258 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Total assets, end of year | $1,260,038,679 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Net assets, end of year | $1,260,038,679 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Total income | $264,624,184 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Net income | $132,291,795 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Employer contributions | $29,483,123 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Participant contributions | $76,604,132 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $19,346,162 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Total contributions | $125,433,417 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Benefit payments | $131,587,522 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $132,332,389 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Total administrative expenses | $731,546 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Administrative expenses excluding investment management | $731,546 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Held in common/collective trusts | $692,329,123 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Held in mutual funds | $452,357,565 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014091528NAL0001159683001, received 2025-10-14 |
| Independent auditor | BOBER, MARKEY, FEDORVICH & COMPANY | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014091528NAL0001159683001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014091528NAL0001159683001, received 2025-10-14.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 16 Consulting (general); 25 Trustee (directed); 33 Securities brokerage; 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 99 Other fees | $784,096 | yes |
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 20251014091528NAL0001159683001, received 2025-10-14.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,127,420,258 | $1,260,038,679 | 11.8% |
| Participants with a balance | 12,549 | 12,812 | 2.1% |
| Administrative expenses | $622,556 | $731,546 | 17.5% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $26,958,570 | $29,483,123 | 9.4% |
Prior filing 20241007132112NAL0015223745001, received 2024-10-07; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: STERIS CORPORATION; SEC registrant: STERIS CORP (CIK 815065, matched by EIN).