Plan Ledger DOL Form 5500 · updated monthly

Ash Stevens, LLC D/B/A Piramal Pharma Solutions401(k)

ASH STEVENS, LLC 401K PLAN · RIVERVIEW, MI · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Ash Stevens, LLC D/B/A Piramal Pharma Solutions reported $36,581 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $5,439 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 0.17% to 0.14%. 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 the 827th-largest of 2,619 plans among Michigan employers on file, and the 4,749th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 200 to 179 since 2022.

Plan summary
Net assets, end of year$27,925,805
Participants with balances245
Active participants179
Employer contributions$973,500
Employee contributions$1,807,135
Employer contribution per active participant$5,439
Average account balance$113,983
Benefits paid to participants$3,066,713
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 245 accts · $974K emplr
2023$24.0M · 259 accts · $1.0M emplr
2022$18.2M · 245 accts · $897K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,445
Investment management$3,136
Total administrative$36,581
The Ash Stevens, LLC D/B/A Piramal Pharma Solutions 401(k) match · 2024
Employer contribution per active participant$5,439
Median for plans this size$2,416
2024$5,439 per active participant
2023$4,937 per active participant
2022$4,486 per active participant

Ash Stevens, LLC D/B/A Piramal Pharma Solutions'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$36,581

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,581 · 0.14%
2023$37,311 · 0.18%
2022$32,586 · 0.17%
Same employer
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The Mill Steel Co. MI$28.3M · 0.22%
Nlb Corporation MI$28.1M · 0.14%
Metal Flow Corporation MI$28.0M · 0.39%
Perceptron, Inc. MI$27.9M · 0.19%
Stageright Corporation MI$27.6M · 0.30%
Fritz Enterprises, Inc. MI$27.6M · 0.30%
Kay Automotive Graphics MI$27.6M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381715886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.