Plan Ledger DOL Form 5500 · updated monthly

Asklepios Biopharmaceutical, Inc.401(k)

ASKLEPIOS BIOPHARMACEUTICALS, INC. 401(K) PLAN · RESEARCH TRIANGLE PK, NC · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Asklepios Biopharmaceutical, Inc. reported $8,570 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,616 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 513th-largest of 2,005 plans among North Carolina employers on file, and the 3,833rd of 11,654 in professional & technical services. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 303 to 404 since 2022.

Plan summary
Net assets, end of year$33,463,177
Participants with balances460
Active participants404
Employer contributions$2,672,737
Employee contributions$5,906,233
Employer contribution per active participant$6,616
Average account balance$72,746
Benefits paid to participants$2,199,523
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.5M · 460 accts · $2.7M emplr
2023$22.0M · 398 accts · $2.1M emplr
2022$11.3M · 309 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,071
Investment management$6,499
Total administrative$8,570
The Asklepios Biopharmaceutical, Inc. 401(k) match · 2024
Employer contribution per active participant$6,616
Median for plans this size$2,416
2024$6,616 per active participant
2023$5,343 per active participant
2022$5,045 per active participant

Asklepios Biopharmaceutical, 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,499

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$8,570 · 0.03%
2023$12,341 · 0.07%
2022$4,044 · 0.04%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Parata Systems, LLC NC$33.7M · 0.34%
Apiture, Inc NC$33.6M · 0.07%
Usfalcon, Inc. NC$33.2M · 0.35%
Paymentus Group, Inc. NC$31.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200267834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.