Employers › Sherwin-williams Company 1 Sherwin Way Cleveland Ohio 44113 › plan 001
Recordkeeping fees per participant · The Sherwin-williams Company 401(k) Plan · plan year 2024
$12.24
Higher than 16% of the 790 plans over $1B that report it.
= $747,809 / 61,101
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015174451NAL0005561537001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015174451NAL0005561537001, received 2025-10-15
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 2025-10-15.
Administrative expenses excluding investment management, per participant
$27.68
Higher than 24% of the 1,045 plans over $1B that report it.
= $1,690,982 / 61,101
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015174451NAL0005561537001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015174451NAL0005561537001, received 2025-10-15
Administrative expenses per participant
$43.25
Higher than 24% of the 1,076 plans over $1B that report it.
= $2,642,321 / 61,101
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015174451NAL0005561537001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015174451NAL0005561537001, received 2025-10-15
Administrative expenses as a share of assets
0.025%
Higher than 24% of the 1,076 plans over $1B that report it.
= $2,642,321 / $10,563,559,628
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015174451NAL0005561537001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015174451NAL0005561537001, received 2025-10-15
Employer contributions per participant
$2,623
Higher than 30% of the 1,135 plans over $1B that report it.
= $160,255,363 / 61,101
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015174451NAL0005561537001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015174451NAL0005561537001, received 2025-10-15
Employer share of total contributions
34.7%
Higher than 56% of the 1,135 plans over $1B that report it.
= $160,255,363 / $462,279,698
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015174451NAL0005561537001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015174451NAL0005561537001, received 2025-10-15
2F ERISA 404(c) plan · 2H partially participant-directed · 2I · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 3J · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015174451NAL0005561537001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | THE SHERWIN-WILLIAMS COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Plan name | THE SHERWIN-WILLIAMS COMPANY 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Sponsor EIN / plan number | 34-0526850 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Sponsor location | CLEVELAND, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Industry (business code) | 325500, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Participants, beginning of year | 63,424 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Active participants | 47,319 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Participants, end of year | 62,829 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Participants with an account balance | 61,101 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Total assets, beginning of year | $10,129,327,010 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Total assets, end of year | $10,563,559,628 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Net assets, end of year | $10,563,559,628 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Total income | $1,642,309,521 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Net income | $434,232,618 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Employer contributions | $160,255,363 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Participant contributions | $277,598,558 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $24,425,777 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Total contributions | $462,279,698 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Benefit payments | $1,205,434,582 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $1,208,076,903 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Total administrative expenses | $2,642,321 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Contract administrator fees | $16,450 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Recordkeeping fees | $747,809 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Investment advisory and management fees | $951,339 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Administrative expenses excluding investment management | $1,690,982 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Held in common/collective trusts | $4,097,411,496 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Held in mutual funds | $518,643,717 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015174451NAL0005561537001, received 2025-10-15 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015174451NAL0005561537001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015174451NAL0005561537001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | 27 Investment advisory (plan) | $951,339 | no | |
| FIDELITY INV INST OPS CO, INCrecordkeeper | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $742,006 | yes | |
| QDRO CONSULTANTS | 14 Plan administrator | $16,450 | 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 20251015174451NAL0005561537001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $10,129,327,010 | $10,563,559,628 | 4.3% |
| Participants with a balance | 61,185 | 61,101 | -0.1% |
| Administrative expenses | $2,939,373 | $2,642,321 | -10.1% |
| Recordkeeping fees per participant | $21.69 | $12.24 | -43.6% |
| Employer contributions | $149,906,331 | $160,255,363 | 6.9% |
Prior filing 20241015210951NAL0030927233001, received 2024-10-15; the plan years are contiguous.