Plan Ledger DOL Form 5500 · updated monthly

Clough USA, Inc.401(k)

CLOUGH USA & AFFILIATES 401(K) AND RETIREMENT PLAN · FOXBORUGH, MA · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

Clough USA, Inc. reported $54,958 in plan administrative expenses for 2022: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,376 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,649th of 2,726), and 7,074th of 11,654 in professional & technical services. In 2022, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,057,754
Participants with balances174
Active participants91
Employer contributions$853,237
Employee contributions$1,607,210
Employer contribution per active participant$9,376
Average account balance$75,045
Benefits paid to participants$2,938,257
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $156K emplr
2022$13.1M · 174 accts · $853K emplr
The Clough USA, Inc. 401(k) match · 2022
Employer contribution per active participant$9,376
Median for plans this size$2,266

Clough USA, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$54,958 · 0.45%
Similar plansProfessional & Technical Services · Massachusetts
Edenroc Sciences, LLC MA$13.5M · 0.01%
Medacuity, LLC MA$13.4M · 0.22%
Velsera Inc. MA$13.2M · 0.42%
P3I, Incorporated MA$13.2M · 0.40%
Valo Health Inc. MA$13.0M · 0.63%
Jounce Therapeutics, Inc. MA$13.0M · 0.01%
Zai Lab US, LLC MA$13.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 711036159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.