Plan Ledger DOL Form 5500 · updated monthly

Dr Reddy's Laboratories Inc.401(k)

DR. REDDY'S LABORATORIES INC. 401(K) PROFIT SHARING PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Dr Reddy's Laboratories Inc. reported $185,399 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $6,789 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 0.19% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 408th-largest of 2,419 plans among New Jersey employers on file, and the 486th of 4,246 in wholesale trade. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$86,663,583
Participants with balances692
Active participants409
Employer contributions$2,776,626
Employee contributions$4,154,126
Employer contribution per active participant$6,789
Average account balance$125,236
Benefits paid to participants$9,311,381
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.7M · 692 accts · $2.8M emplr
2023$77.7M · 712 accts · $2.6M emplr
2022$64.8M · 718 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,462
Investment management$13,797
Audit (IQPA)$23,920
Total administrative$185,399
The Dr Reddy's Laboratories Inc. 401(k) match · 2024
Employer contribution per active participant$6,789
Median for plans this size$3,635
2024$6,789 per active participant
2023$6,715 per active participant
2022$4,755 per active participant

Dr Reddy's Laboratories Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$62,464
ALLIANT · Consulting · Investment advisory (plan)$43,750
FORVIS MAZARS, LLP · Accounting / audit$23,920
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,797

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$185,399 · 0.23%
2023$114,084 · 0.16%
2022$137,079 · 0.19%
Same employer
Similar plansWholesale Trade · New Jersey
William Grant & Sons Inc NJ$107.2M · 0.06%
Radwell International LLC NJ$88.1M · 0.27%
Donjon Marine Co., Inc. NJ$87.8M · 0.23%
Gellert Global Group NJ$85.3M · 0.70%
Gusmer Enterprises, Inc. NJ$74.9M · 0.10%
Stephen Gould Corporation NJ$74.5M · 0.11%
Proximo Spirits Inc. NJ$72.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223181573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.