Plan Ledger DOL Form 5500 · updated monthly

Granules Pharmaceuticals, Inc.401(k)

GRANULES PHARMACEUTICALS 401(K) PLAN & TRUST · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Granules Pharmaceuticals, Inc. reported $13,932 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,197 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 0.28% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Virginia (1,562nd of 2,266), and 9,464th of 13,661 in manufacturing. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 178 to 312 since 2022.

Plan summary
Net assets, end of year$8,460,847
Participants with balances237
Active participants312
Employer contributions$685,352
Employee contributions$1,427,684
Employer contribution per active participant$2,197
Average account balance$35,700
Benefits paid to participants$656,347
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 237 accts · $685K emplr
2023$6.0M · 211 accts · $567K emplr
2022$3.9M · 171 accts · $380K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,930
Investment management$10,002
Total administrative$13,932
The Granules Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$2,197
Median for plans this size$1,313
2024$2,197 per active participant
2023$2,532 per active participant
2022$2,136 per active participant

Granules Pharmaceuticals, 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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$3,930
LPL FINANCIAL RPCP · Investment advisory (plan)$10,002

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$13,932 · 0.19%
2023$20,998 · 0.43%
2022$10,044 · 0.28%
Same employer
Similar plansManufacturing · Virginia
Foot Levelers, Inc. VA$8.6M · 0.01%
Lyon Shipyard, Inc. VA$8.3M · 0.83%
Ronile, Inc. VA$8.3M · 0.51%
Epl America, LLC VA$8.2M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472137127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.