Plan Ledger DOL Form 5500 · updated monthly

Anip Acquisitions D/B/A Ani Pharmaceuticals, Inc.401(k)

ANI PHARMACEUTICALS, INC. 401(K) PLAN · BAUDETTE, MN · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Anip Acquisitions D/B/A Ani Pharmaceuticals, Inc. reported $87,047 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,755 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 rose from 0.23% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 546th-largest of 1,918 plans among Minnesota employers on file, and the 941st of 4,246 in wholesale trade. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 460 to 725 since 2022.

Plan summary
Net assets, end of year$44,041,777
Participants with balances752
Active participants725
Employer contributions$2,722,455
Employee contributions$6,352,252
Employer contribution per active participant$3,755
Average account balance$58,566
Benefits paid to participants$3,149,746
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.0M · 752 accts · $2.7M emplr
2023$26.7M · 555 accts · $1.9M emplr
2022$16.8M · 491 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,396
Investment management$75,651
Total administrative$87,047
The Anip Acquisitions D/B/A Ani Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$3,755
Median for plans this size$2,416
2024$3,755 per active participant
2023$3,664 per active participant
2022$3,003 per active participant

Anip Acquisitions D/B/A Ani Pharmaceuticals, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20242
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$75,651
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,396

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

Administrative cost history3
2024$87,047 · 0.25%
2023$110,141 · 0.51%
2022$39,476 · 0.23%
Same employer
Similar plansWholesale Trade · Minnesota
Lindstrom, LLC MN$51.8M · 0.37%
Bayer Built Woodworks, Inc. MN$48.6M · 0.03%
Nuss Truck Group Inc. MN$47.0M · 0.31%
Decopac, Inc. MN$36.7M · 0.28%
John Henry Foster Mn, Inc. MN$34.7M · 0.33%
Lindstrom, LLC MN$34.0M · 0.29%
Uhl Company, Inc. MN$32.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200808920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.