Molnlycke Health Care US LLC 401(k) Review & Grade
Retirement Plan for Employees of Molnlycke Health Care US LLC
Peachtree Corners, GAManufacturing744 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$11,011Employer $ per active participant
$8,553Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$152.1MNet plan assets, end of year
$145,961Average balance per account
Score breakdown
- Employer generosity48.8 / 5098th percentile for employer $ per participant
- Low cost13.6 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving12.5 / 1583th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score85 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 55th |
| Employee saving | 83th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Molnlycke Health Care US put in about $11,011 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $8,191,918 |
| Participant (employee) contributions | $6,363,666 |
| Other contributions (incl. rollovers in) | $979,416 |
| Administrative expenses paid from the plan | $291,694 |
| Contract administrator fees | $42,695 |
| Investment advisory & management fees | $23,571 |
| Other admin expenses | $72,386 |
| Benefits paid out | $20,109,018 |
| Net assets, start / end of year | $141.1M / $152.1M |
| Active participants, start / end of year | 719 / 769 |
| Participants with account balances | 1,042 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Windham Brannon,llc |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $180,127 reported compensation |
| Alliant Insurance Services Inc DBA | $21,554 reported compensation |
| Molnlycke Healthcare US LLC | $15,610 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015072501NAL0004231825001, received 2025-10-15, EIN 54-2153401, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.