Form 5500 · Schedule H line 2i(12) · form year 2024

The Sherwin-Williams Company

THE SHERWIN-WILLIAMS COMPANY 401(K) PLAN · EIN 340526850 · plan number 001

$43.25

Administrative expenses paid from plan assets, per participant, as the sponsor reported, for form year 2024. The denominator is 61,101 participants with account balances.

This is line 2i(12) of Schedule H only. It excludes fees netted inside fund expense ratios and fees the employer pays directly, which are not in that line and are therefore not in this figure.

Among plans of its size — 50,000 and above participants with account balances, 122 plans in that band across the whole dataset — this plan's reported figure is between the 25th percentile and the median.

p10 $12.67p50 $50.76p90 $131.98

Percentiles are computed over all 52,836 qualifying plans in the form year 2024 dataset, not over the plans published here.

What the filing breaks out, and what it does not

Schedule H line	As filed
Contract administrator fees	$16,450
Investment management fees	$951,339
Other administrative expenses	$926,723
Not broken out into any of the lines above	$747,809
Total administrative expenses (line 2i(12))	$2,642,321

A blank line above means the sponsor did not report a figure for it, which is not the same as reporting zero. Where the named lines add up to less than the total, the difference is shown rather than left for the reader to work out.

The rest of what this filing reports

Participants with account balances	61,101
Net plan assets, end of year	$10,563,559,628
Employer contributions	$160,255,363
Participant contributions	$277,598,558
Late participant contributions remitted	not reported

Check this against the filing

Every figure above was read from The Sherwin-Williams Company’s own Form 5500 for form year 2024, EFAST2 acknowledgement ID 20251015174451NAL0005561537001, located 2026-08-30.

Open the filing (PDF)

The line itself is on the 2024 Schedule H form at line 2i(12), Total administrative expenses. If our number and the document disagree, the document is right and we want to know.

Plans of a similar size

Same size band, nearest reported figures. Size bands are the point: a plan with a few hundred people and one with a few hundred thousand are not comparable, and putting them side by side would imply they were.

Southwest Airlines Co.

$42.16 per participant

85,318 with balances

Whole Foods Market, INC.

$41.99 per participant

99,215 with balances

O'reilly Automotive, INC.

$44.57 per participant

70,527 with balances

Marriott International, INC.

$41.71 per participant

127,452 with balances