Plan Ledger DOL Form 5500 · updated monthly

Belcher Pharmaceuticals LLC401(k)

BELCHER PHARMACEUTICALS LLC 401(K) PLAN · LARGO, FL · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Belcher Pharmaceuticals LLC reported $8,790 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,757 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.

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 Florida (3,297th of 3,644), and 13,173rd of 13,661 in manufacturing. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,256,562
Participants with balances223
Active participants255
Employer contributions$447,964
Employee contributions$810,838
Employer contribution per active participant$1,757
Average account balance$5,635
Benefits paid to participants$9,014
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Audit (IQPA)$8,790
Total administrative$8,790
The Belcher Pharmaceuticals LLC 401(k) match · 2024
Employer contribution per active participant$1,757
Median for plans this size$1,313

Belcher Pharmaceuticals LLC'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 · 20243
TRUIST ADVISORY SERVICES, INC. · Investment management$1,776
NATIONWIDE · Investment management$1,424
NATIONWIDE · Investment management$977

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

Administrative cost history1
2024$8,790 · 0.70%
Same employer
Similar plansManufacturing · Florida
Eastern Aero Marine Inc. FL$1.5M · 0.03%
Bel USA FL$1.5M · 2.05%
The Florida Brewery, Inc. FL$1.4M · 1.15%
Precon Corporation FL$1.4M · 0.11%
Interebar Fabricators LLC FL$1.0M · 1.09%
Polyair Corporation FL$970K · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272953742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.