Plan Ledger DOL Form 5500 · updated monthly

Cipla USA401(k)

CIPLA USA 401(K) PLAN · WARREN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Cipla USA reported $50,020 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,558 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 rose from 0.06% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 617th-largest of 2,419 plans among New Jersey employers on file, and the 715th of 5,215 in retail trade. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,605,845
Participants with balances785
Active participants787
Employer contributions$2,800,476
Employee contributions$4,129,092
Employer contribution per active participant$3,558
Average account balance$56,823
Benefits paid to participants$3,164,323
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.6M · 785 accts · $2.8M emplr
2023$35.2M · 748 accts · $2.4M emplr
2022$27.3M · 760 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,448
Investment management$6,572
Total administrative$50,020
The Cipla USA 401(k) match · 2024
Employer contribution per active participant$3,558
Median for plans this size$2,416
2024$3,558 per active participant
2023$3,101 per active participant
2022$3,052 per active participant

Cipla USA'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 · 20243
PLANNED RETIREMENT CONSULTANTS & AD · Contract administrator$15,513
EMPOWER ADVISORY GROUP, LLC · Investment management$6,572

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$50,020 · 0.13%
2023$23,136 · 0.07%
2022$16,274 · 0.06%
Same employer
Similar plansRetail Trade · New Jersey
Hudson Grouphg, Inc. NJ$53.5M · 0.78%
H. Betti Industries Inc. NJ$47.8M · 0.03%
Paul Miller, Inc. NJ$44.4M · 0.44%
Dialamerica Marketing, Inc. NJ$42.7M · 0.11%
Zallie Supermarkets Inc NJ$39.8M · 0.04%
Care One Management, LLC NJ$39.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990381385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.