Plan Ledger DOL Form 5500 · updated monthly

Drugscan, Inc.401(k)

DRUGSCAN, INC. 401K PROFIT SHARING PLAN · HORSHAM, PA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Drugscan, Inc. reported $49,153 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,412 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 0.47% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,317th of 3,651), and the 5,800th of 11,911 in health care & social assistance. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,700,824
Participants with balances144
Active participants175
Employer contributions$247,025
Employee contributions$560,636
Employer contribution per active participant$1,412
Average account balance$67,367
Benefits paid to participants$667,394
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 144 accts · $247K emplr
2023$8.3M · 170 accts · $240K emplr
2022$7.4M · 179 accts · $203K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,103
Total administrative$49,153
The Drugscan, Inc. 401(k) match · 2024
Employer contribution per active participant$1,412
Median for plans this size$1,313
2024$1,412 per active participant
2023$1,261 per active participant
2022$1,062 per active participant

Drugscan, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,692

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$49,153 · 0.55%
2023$39,747 · 0.50%
2022$44,634 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Accord Health Service, Inc. PA$10.0M · 0.36%
Fairmount Homes PA$9.8M · 1.17%
Visioncorps PA$9.7M · 1.28%
Familylinks Inc. PA$9.6M · 0.83%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 800270103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.