Plan Ledger DOL Form 5500 · updated monthly

Center for Breakthrough Medicines Holdings, LLC401(k)

CENTER FOR BREAKTHROUGH MEDICINES 401(K) PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Center for Breakthrough Medicines Holdings, LLC reported $71,846 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,784 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 1 year on file its reported administrative ratio fell from 0.83% to 0.68%. 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 Pennsylvania (2,107th of 3,651), and 8,059th of 13,661 in manufacturing. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,910,167
Participants with balances317
Active participants301
Employer contributions$838,055
Employee contributions$2,557,176
Employer contribution per active participant$2,784
Average account balance$37,572
Benefits paid to participants$1,510,052
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$11.9M · 317 accts · $838K emplr
2023$9.2M · 304 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Investment management$42,375
Total administrative$71,846
The Center for Breakthrough Medicines Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,784
Median for plans this size$2,416
2024$2,784 per active participant
2023$4,868 per active participant

Center for Breakthrough Medicines Holdings, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
PCS RETIREMENT LLC · Contract administrator · Recordkeeping$27,386
MAIN LINE RETIREMENT ADVISORS, LL · Investment management$42,385

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history2
2024$71,846 · 0.68%
2023$53,896 · 0.83%
Same employer
Similar plansManufacturing · Pennsylvania
Knepper Press Corporation PA$12.1M · 0.10%
Atas International, Inc. PA$12.0M · 0.67%
Ultra Poly Corporation PA$11.8M · 0.45%
Select Veal Feeds, Inc. PA$11.8M · 0.37%
Fabric Development, Inc. PA$11.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833099487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.