Plan Ledger DOL Form 5500 · updated monthly

Aclaris Therapeutics Inc401(k)

ACLARIS THERAPEUTICS INC 401(K) PLAN · WAYNE, PA · plan year 2024

Reported admin expense ratio · 2024
0.27%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Aclaris Therapeutics Inc reported $35,488 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $6,358 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.30% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (1,929th of 3,651), and 6,811th of 11,654 in professional & technical services. In 2024, employees put in $2.74 for every $1.00 the employer contributed; active participation has shrunk from 112 to 67 since 2022.

Plan summary
Net assets, end of year$14,067,523
Participants with balances109
Active participants67
Employer contributions$426,015
Employee contributions$1,166,376
Employer contribution per active participant$6,358
Average account balance$129,060
Benefits paid to participants$1,692,735
Plan auditUnmodified (clean) audit opinion
AuditorTORRILLO ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 109 accts · $426K emplr
2023$12.4M · 104 accts · $708K emplr
2022$9.3M · 127 accts · $522K emplr
The Aclaris Therapeutics Inc 401(k) match · 2024
Employer contribution per active participant$6,358
Median for plans this size$2,416
2024$6,358 per active participant
2023$13,349 per active participant
2022$4,663 per active participant

Aclaris Therapeutics Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20249
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$35,488
PIMCO FUNDS · Investment managementindirect comp
ALLIANCE GLOBAL FUNDS · Investment managementindirect comp
PRUDENTIAL JENNISON · Investment managementindirect comp
TIAA-CREF FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
PRINCIPAL FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
AB GLOBAL FUNDS · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$35,488 · 0.27%
2023$32,815 · 0.30%
2022$29,834 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Brownstein Group, Inc. PA$14.4M · 0.66%
Property Management, Inc. PA$14.4M · 0.49%
Almirall LLC PA$14.1M · 0.44%
Ssm Group, Inc. PA$14.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460571712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.