Vertiv Group 401(k) match, vesting and fees
What Vertiv Group's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Ernst & Young LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 283 defined-contribution plans in manufacturing with 5,000 to 9,999 participants.
| Vertiv Group: employer contribution per participant | $1,931 | |
| Peer median | $2,895 |
| Vertiv Group: average balance | $198,598 | |
| Peer median | $115,263 |
| Vertiv Group: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.08% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $950M at the end of plan year 2023 to $1.1B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 6,105 | $1.1B | $11M | $1,931 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 5,208 | $950M | $10.1M | $2,063 | 0.10% | Not published | Form 5500 ↗ |
Common questions
Does Vertiv Group match 401(k) contributions?
The match terms for the Vertiv Group Corporation Employee Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $11M in employer contributions, about $1,931 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Vertiv Group 401(k) match vested?
The vesting schedule for the Vertiv Group Corporation Employee Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Vertiv Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Vertiv Group Corporation.
I left Vertiv Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Vertiv Group Corporation, (614) 888-0246) or the recordkeeper, The Vanguard Group, Inc.. The Vertiv Group old 401(k) page lists the contacts from every plan filing. Find an old Vertiv Group 401(k)
Data from the public Form 5500 annual reports Vertiv Group filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Vertiv Group. Not financial advice. Report a correction · Methodology