Plan Ledger DOL Form 5500 · updated monthly

Azurity Pharmaceuticals, Inc.401(k)

AZURITY PHARMACEUTICAL, INC. 401(K) PROFIT SHARING PLAN TRUST · WOBURN, MA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Azurity Pharmaceuticals, Inc. reported $154,245 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,819 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 0.31% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 589th-largest of 2,726 plans among Massachusetts employers on file, and the 1,554th of 11,911 in health care & social assistance. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has shrunk from 436 to 389 since 2022.

Plan summary
Net assets, end of year$62,904,977
Participants with balances801
Active participants389
Employer contributions$3,041,668
Employee contributions$6,051,422
Employer contribution per active participant$7,819
Average account balance$78,533
Benefits paid to participants$9,488,713
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.9M · 801 accts · $3.0M emplr
2023$51.9M · 811 accts · $1.2M emplr
2022$43.0M · 709 accts · $891K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,211
Investment management$50,034
Total administrative$154,245
The Azurity Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$7,819
Median for plans this size$3,635
2024$7,819 per active participant
2023$2,590 per active participant
2022$2,043 per active participant

Azurity Pharmaceuticals, Inc.'s 2024 employer contribution ran above the $3,635 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
ADP, INC. · Loan processing · Recordkeeping$104,211
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$50,034

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, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$154,245 · 0.27%
2023$169,999 · 0.36%
2022$79,167 · 0.31%
Same employer
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Anna Jaques Hospital MA$75.2M · 0.21%
Healthcare South P.C. MA$73.9M · 0.33%
42 North Dental, LLC MA$60.4M · 0.23%
Vna Care Network, Inc. MA$59.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043450615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.