Plan Ledger DOL Form 5500 · updated monthly

Amryt Pharmaceuticals, Inc.401(k)

AMRYT PHARMACEUTICALS, INC. 401(K) PLAN · BOSTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Amryt Pharmaceuticals, Inc. reported $64,052 in plan administrative expenses for 2023: 0.35% of average plan assets, above the peer median. Employer contributions averaged $9,950 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 1 year on file its reported administrative ratio fell from 0.39% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,332nd-largest of 2,726 plans among Massachusetts employers on file, and the 5,650th of 11,654 in professional & technical services. In 2023, employees put in $2.53 for every $1.00 the employer contributed; active participation has shrunk from 85 to 55 since 2022.

Plan summary
Net assets, end of year$19,495,412
Participants with balances189
Active participants55
Employer contributions$547,250
Employee contributions$1,383,742
Employer contribution per active participant$9,950
Average account balance$103,150
Benefits paid to participants$3,277,431
Plan auditUnmodified (clean) audit opinion
AuditorROMEO,WIGGINS&COMPANY,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$19.5M · 189 accts · $547K emplr
2022$17.4M · 211 accts · $415K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,068
Investment management$35,984
Total administrative$64,052
The Amryt Pharmaceuticals, Inc. 401(k) match · 2023
Employer contribution per active participant$9,950
Median for plans this size$2,440
2023$9,950 per active participant
2022$4,888 per active participant

Amryt Pharmaceuticals, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$35,984
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,068

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

Administrative cost history3
2024Not separately reported
2023$64,052 · 0.35%
2022$66,658 · 0.39%
Similar plansProfessional & Technical Services · Massachusetts
Gray, Gray & Gray LLP MA$19.9M · 0.21%
Mevion Medical Systems Inc. MA$19.6M · 0.09%
Avania, LLC MA$19.5M · 0.08%
Treeline Biosciences, Inc. MA$19.5M · 0.01%
Curis, Inc. MA$19.5M · 0.01%
Inari Agriculture Inc MA$19.4M · 0.37%
Tessera Therapeutics, Inc MA$19.2M · 0.02%
Vistra USA Inc. MA$19.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202960116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.