Plan Ledger DOL Form 5500 · updated monthly

Deerfield Management Company, LP401(k)

DEERFIELD MANAGEMENT COMPANY PROFIT SHARING AND 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Deerfield Management Company, LP reported $118,687 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.25% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,635th-largest of 5,648 plans among New York employers on file, and the 2,007th of 4,798 in finance & insurance. active participation has grown from 166 to 185 since 2022.

Plan summary
Net assets, end of year$38,773,322
Participants with balances213
Active participants185
Employer contributions$0
Employee contributions$3,360,623
Employer contribution per active participant$0
Average account balance$182,034
Benefits paid to participants$1,103,757
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.8M · 213 accts
2023$31.4M · 196 accts
2022$22.2M · 178 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,090
Investment management$89,597
Total administrative$118,687
The Deerfield Management Company, LP 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Deerfield Management Company, LP's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$83,317
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,090

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$118,687 · 0.34%
2023$87,608 · 0.33%
2022$60,799 · 0.25%
Same employer
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Homestead Funding Corp. NY$40.1M · 0.02%
Lemonade, Inc. NY$39.6M · 0.27%
Tiger Global Management LLC NY$38.7M · 0.31%
Nippon Life Group NY$38.6M · 0.18%
Evans Bank, N.A. NY$38.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030553340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.