Plan Ledger DOL Form 5500 · updated monthly

Esperion Therapeutics, Inc.401(k)

ESPERION THERAPEUTICS, INC. 401(K) PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Esperion Therapeutics, Inc. reported $97,598 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,738 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 0.29% to 0.25%. 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 580th-largest of 2,619 plans among Michigan employers on file, and the 3,496th of 13,661 in manufacturing. In 2024, employees put in $2.63 for every $1.00 the employer contributed; active participation has grown from 200 to 307 since 2022.

Plan summary
Net assets, end of year$43,064,247
Participants with balances431
Active participants307
Employer contributions$1,761,602
Employee contributions$4,630,827
Employer contribution per active participant$5,738
Average account balance$99,917
Benefits paid to participants$4,430,474
Plan auditUnmodified (clean) audit opinion
AuditorERNST AND YOUNG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$43.1M · 431 accts · $1.8M emplr
2023$35.5M · 385 accts · $1.3M emplr
2022$29.2M · 381 accts · $718K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,210
Investment management$58,388
Total administrative$97,598
The Esperion Therapeutics, Inc. 401(k) match · 2024
Employer contribution per active participant$5,738
Median for plans this size$2,416
2024$5,738 per active participant
2023$5,357 per active participant
2022$3,591 per active participant

Esperion Therapeutics, 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 · 20243
BANK OF ANN ARBOR · Investment advisory (plan)$51,805
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,210
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,583

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$97,598 · 0.25%
2023$86,191 · 0.27%
2022$93,598 · 0.29%
Same employer
Similar plansManufacturing · Michigan
Trans-Matic Mfg. Co., Inc. MI$45.0M · 0.25%
Kongsberg Automotive Inc MI$44.9M · 0.17%
Ajm Packaging Corporation MI$43.6M · 0.26%
Special-Lite, Inc. MI$42.3M · 0.20%
Piston Automotive, LLC MI$42.1M · 0.08%
Oetiker, Inc. MI$42.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261870780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.