Plan Ledger DOL Form 5500 · updated monthly

Ascentage Pharma Group Inc.401(k)

ASCENTAGE PHARMA GROUP INC. 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Ascentage Pharma Group Inc. reported $54,344 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $12,347 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 0.26% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (848th of 1,671), and 7,634th of 13,661 in manufacturing. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 76 to 87 since 2022.

Plan summary
Net assets, end of year$13,243,118
Participants with balances113
Active participants87
Employer contributions$1,074,200
Employee contributions$1,386,459
Employer contribution per active participant$12,347
Average account balance$117,196
Benefits paid to participants$507,370
Plan auditUnmodified (clean) audit opinion
AuditorCALIBRE CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 113 accts · $1.1M emplr
2023$9.9M · 120 accts · $983K emplr
2022$7.5M · 121 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,344
Total administrative$54,344
The Ascentage Pharma Group Inc. 401(k) match · 2024
Employer contribution per active participant$12,347
Median for plans this size$2,416
2024$12,347 per active participant
2023$11,982 per active participant
2022$14,019 per active participant

Ascentage Pharma Group 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 · 20243
COMPASS 360 LLC · Recordkeeping$13,743
THE VANGUARD GROUP, INC. · Recordkeeping$4,954
MMA SECURITIES, LLC · Investment advisory (plan)$38,406

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

Recordkeeper by year2
2024COMPASS 360 LLC, Vanguard
2023COMPASS 360 LLC, Vanguard

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Administrative cost history3
2024$54,344 · 0.47%
2023$38,977 · 0.45%
2022$18,471 · 0.26%
Similar plansManufacturing · Maryland
Shelter Systems Limited MD$15.1M · 0.41%
Novatec, Inc. MD$12.5M · 0.85%
Standard Fusee Corporation MD$11.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811034123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.