Plan Ledger DOL Form 5500 · updated monthly

Ascent Pharmaceuticals Inc.401(k)

ASCENT PHARMACEUTICALS INC. 401(K) PLAN · CENTRAL ISLIP, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Ascent Pharmaceuticals Inc. reported $7,959 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,857 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 0.09% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,467th of 5,648), and 8,334th of 13,661 in manufacturing. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 351 to 478 since 2022.

Plan summary
Net assets, end of year$11,082,712
Participants with balances273
Active participants478
Employer contributions$887,455
Employee contributions$1,264,318
Employer contribution per active participant$1,857
Average account balance$40,596
Benefits paid to participants$339,108
Plan auditUnmodified (clean) audit opinion
AuditorPASCALE, RAZZINO, ALEXANDERSON & CO
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 273 accts · $887K emplr
2023$7.8M · 246 accts · $654K emplr
2022$5.6M · 216 accts · $599K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,104
Total administrative$7,959
The Ascent Pharmaceuticals Inc. 401(k) match · 2024
Employer contribution per active participant$1,857
Median for plans this size$1,313
2024$1,857 per active participant
2023$1,846 per active participant
2022$1,705 per active participant

Ascent Pharmaceuticals Inc.'s 2024 employer contribution ran above the $1,313 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
JOHN HANCOCK NEW YORK · Recordkeeping$3,104
WILSHIRE ASSOCIATES INC · Investment advisory (participants)indirect comp

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$7,959 · 0.08%
2023$7,353 · 0.11%
2022$5,034 · 0.09%
Similar plansManufacturing · New York
Caf USA, Inc. NY$11.2M · 0.31%
Syntec Technologies, Inc. NY$11.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453542806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.