Plan Ledger DOL Form 5500 · updated monthly

Alexion Pharmaceuticals, Inc.401(k)

ALEXION 401(K) PLAN · BOSTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.14%

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

Alexion Pharmaceuticals, Inc. reported $693,228 in plan administrative expenses for 2022: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $12,442 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.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other professional & technical services employers. By assets it is the 129th-largest of 2,726 plans among Massachusetts employers on file, and the 382nd of 11,654 in professional & technical services. In 2022, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$462,354,613
Participants with balances3,479
Active participants2,509
Employer contributions$31,216,139
Employee contributions$47,681,953
Employer contribution per active participant$12,442
Average account balance$132,899
Benefits paid to participants$51,311,180
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $27.9M emplr
2022$462.4M · 3,479 accts · $31.2M emplr
The Alexion Pharmaceuticals, Inc. 401(k) match · 2022
Employer contribution per active participant$12,442
Median for plans this size$4,065

Alexion Pharmaceuticals, Inc.'s 2022 employer contribution ran above the $4,065 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$693,228 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Aspentech Corporation MA$432.5M · 0.03%
Abt Global Inc MA$427.9M · 0.06%
Goulston & Storrs PC MA$397.6M · 0.09%
Foley Hoag LLP MA$381.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854136092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.