Plan Ledger DOL Form 5500 · updated monthly

Harmony Biosciences LLC401(k)

HARMONY BIOSCIENCES 401(K) RETIREMENT SAVINGS PLAN · PLYMOUTH MEETING, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Harmony Biosciences LLC reported $7,225 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,384 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 0.02% to 0.03%. 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 1,095th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,208th of 13,661 in manufacturing. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 203 to 269 since 2022.

Plan summary
Net assets, end of year$32,830,464
Participants with balances302
Active participants269
Employer contributions$2,524,412
Employee contributions$5,150,523
Employer contribution per active participant$9,384
Average account balance$108,710
Benefits paid to participants$2,592,525
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.8M · 302 accts · $2.5M emplr
2023$22.1M · 274 accts · $2.2M emplr
2022$14.2M · 228 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,534
Investment management$3,691
Total administrative$7,225
The Harmony Biosciences LLC 401(k) match · 2024
Employer contribution per active participant$9,384
Median for plans this size$2,416
2024$9,384 per active participant
2023$8,913 per active participant
2022$8,487 per active participant

Harmony Biosciences LLC'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 · 20241
ADP, INC. · Recordkeeping · Investment advisory (participants)$7,224

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$7,225 · 0.03%
2023$4,477 · 0.02%
2022$2,662 · 0.02%
Same employer
Similar plansManufacturing · Pennsylvania
Omega Flex, Inc. PA$34.1M · 0.16%
Tps, LLC PA$33.9M · 0.48%
Arlington Industries, Inc. PA$33.8M · 0.27%
Stauffer Biscuit Company PA$32.9M · 0.49%
Agr International, Inc. PA$32.6M · 0.01%
Hendrick Manufacturing Co. PA$32.0M · 0.04%
Reading Bakery Systems PA$31.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821608705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.