Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Kenvue › plan 001
Kenvue Savings Plan
- Sponsor Kenvue
- Plan number 001
- Plan year 2024
- >$1B in assets
- single-employer
Total assets, end of year · Kenvue Savings Plan · plan year 2024
$1,315,558,854
4,671 participants with a balance. This filing reports no recordkeeping fee and no administrative expenses excluding investment management, so there is no headline cost figure.
Source
Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014102416NAL0003650976001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014102416NAL0003650976001, 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 excluding investment management, per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 4,671
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014102416NAL0003650976001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014102416NAL0003650976001, received 2025-10-14
Administrative expenses per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 4,671
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014102416NAL0003650976001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014102416NAL0003650976001, received 2025-10-14
Administrative expenses as a share of assets
0.000%
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / $1,315,558,854
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014102416NAL0003650976001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014102416NAL0003650976001, received 2025-10-14
Employer contributions per participant
$13,208
Higher than 97% of the 1,135 plans over $1B that report it.
Source
= $61,693,097 / 4,671
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014102416NAL0003650976001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014102416NAL0003650976001, received 2025-10-14
Employer share of total contributions
47.6%
Higher than 90% of the 1,135 plans over $1B that report it.
Source
= $61,693,097 / $129,562,890
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014102416NAL0003650976001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014102416NAL0003650976001, received 2025-10-14
98.9% 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 $287,809 ($61.62 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Plan features
2F ERISA 404(c) plan · 2G fully participant-directed · 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 · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014102416NAL0003650976001, received 2025-10-14
Full record, Kenvue Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KENVUE INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Plan name | KENVUE SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Sponsor EIN / plan number | 88-1032011 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Sponsor location | SUMMIT, NJ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Industry (business code) | 339900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014102416NAL0003650976001, 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 20251014102416NAL0003650976001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Participants, beginning of year | 4,578 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Active participants | 4,181 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Participants, end of year | 4,776 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Participants with an account balance | 4,671 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Total assets, beginning of year | $1,149,835,160 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Total assets, end of year | $1,315,558,854 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Net assets, end of year | $1,314,278,317 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Total income | $309,922,510 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Net income | $164,442,104 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Employer contributions | $61,693,097 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Participant contributions | $60,874,297 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $6,995,496 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Total contributions | $129,562,890 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Benefit payments | $145,342,669 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $145,480,406 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Total administrative expenses | $0 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Administrative expenses excluding investment management | $0 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Held in master trusts | $1,300,761,514 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014102416NAL0003650976001, received 2025-10-14 |
| Independent auditor | CHERRY BEKAERT LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014102416NAL0003650976001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014102416NAL0003650976001, received 2025-10-14.
Service providers paid directly by the plan
No Schedule C is attached to this plan's filing; providers are reported on the master trust's filing (below).
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 20251014102416NAL0003650976001, received 2025-10-14.
Master trust
KENVUE SAVINGS PLANS MASTER TRUST (EIN 920769133, PN 001): plan interest $1,300,761,514, 95.5% of the trust. The trust's own filing (20251014104133NAL0005514674001, received 2025-10-14) reports net assets $1,362,466,695, administrative expenses $301,462, recordkeeping fees $301,462, investment management fees not reported and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| ALIGHT SOLUTIONS LLCrecordkeeper | 15 50 | $301,462 | $287,809 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,149,835,160 | $1,315,558,854 | 14.4% |
| Participants with a balance | 4,463 | 4,671 | 4.7% |
| Administrative expenses | $0 | $0 | |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $28,524,855 | $61,693,097 | 116.3% |
Prior filing 20241220035527NAL0005171521001, received 2024-12-20; the plan years are contiguous.