Plan Ledger DOL Form 5500 · updated monthly

Ferring Pharmaceutical Inc.401(k)

FERRING PHARMACEUTICALS INC. 401(K) SAVINGS PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Ferring Pharmaceutical Inc. reported $42,878 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,517 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 0.00% to 0.02%. 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 203rd-largest of 2,419 plans among New Jersey employers on file, and the 207th of 4,246 in wholesale trade. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$232,765,886
Participants with balances1,477
Active participants952
Employer contributions$8,108,385
Employee contributions$12,700,642
Employer contribution per active participant$8,517
Average account balance$157,594
Benefits paid to participants$30,497,169
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$232.8M · 1,477 accts · $8.1M emplr
2023$201.7M · 1,442 accts · $6.5M emplr
2022$160.2M · 1,379 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,878
Total administrative$42,878
The Ferring Pharmaceutical Inc. 401(k) match · 2024
Employer contribution per active participant$8,517
Median for plans this size$3,635
2024$8,517 per active participant
2023$6,695 per active participant
2022$6,376 per active participant

Ferring Pharmaceutical 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$42,878

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$42,878 · 0.02%
2023$10,700 · 0.01%
2022$7,575 · 0.00%
Same employer
Similar plansWholesale Trade · New Jersey
Iconectiv, LLC NJ$239.2M · 0.03%
Fedway Associates, Inc. NJ$188.5M · 0.07%
Saloncentric, Inc. NJ$167.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541179881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.