Plan Ledger DOL Form 5500 · updated monthly

Coherus Biosciences, Inc.401(k)

COHERUS BIOSCIENCES, INC. 401K PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Coherus Biosciences, Inc. reported $72,872 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $6,109 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 0.19% to 0.15%. 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 the 1,704th-largest of 9,483 plans among California employers on file, and the 3,034th of 13,661 in manufacturing. In 2024, employees put in $3.65 for every $1.00 the employer contributed; active participation has shrunk from 369 to 239 since 2022.

Plan summary
Net assets, end of year$52,744,802
Participants with balances389
Active participants239
Employer contributions$1,459,978
Employee contributions$5,330,323
Employer contribution per active participant$6,109
Average account balance$135,591
Benefits paid to participants$7,164,902
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$52.7M · 389 accts · $1.5M emplr
2023$46.6M · 433 accts · $1.8M emplr
2022$35.0M · 447 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,885
Investment management$65,987
Total administrative$72,872
The Coherus Biosciences, Inc. 401(k) match · 2024
Employer contribution per active participant$6,109
Median for plans this size$2,416
2024$6,109 per active participant
2023$5,854 per active participant
2022$5,558 per active participant

Coherus Biosciences, Inc.'s 2024 employer contribution ran above the $2,416 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
MMA SECURITIES, LLC · Recordkeeping · Trustee$65,987
ADP, INC. · Loan processing · Recordkeeping$6,885

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, MMA SECURITIES, LLC
2023ADP, MMA SECURITIES, LLC

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

Administrative cost history3
2024$72,872 · 0.15%
2023$71,660 · 0.18%
2022$66,357 · 0.19%
Same employer
Similar plansManufacturing · California
Caymus Vineyards CA$53.2M · 0.30%
Fluidmaster, Inc. CA$53.2M · 0.22%
Ebara Technologies, Inc. CA$53.1M · 0.39%
Jakks Pacific, Inc. CA$52.4M · 0.21%
Jelly Belly Candy Company CA$52.2M · 0.01%
R Torre & Company Inc. CA$52.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273615821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.