Plan Ledger DOL Form 5500 · updated monthly

Hikma Pharmaceuticals USA Inc.401(k)

HIKMA PHARMACEUTICALS USA INC. 401(K) RETIREMENT PLAN · BERKELEY HEIGHTS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Hikma Pharmaceuticals USA Inc. reported $246,383 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $4,497 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 0.13% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 185th-largest of 2,419 plans among New Jersey employers on file, and the 173rd of 4,246 in wholesale trade. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 1,890 to 2,237 since 2022.

Plan summary
Net assets, end of year$274,804,096
Participants with balances2,547
Active participants2,237
Employer contributions$10,059,601
Employee contributions$15,783,268
Employer contribution per active participant$4,497
Average account balance$107,893
Benefits paid to participants$30,519,810
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$274.8M · 2,547 accts · $10.1M emplr
2023$244.0M · 2,469 accts · $9.1M emplr
2022$212.8M · 2,459 accts · $9.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$244,076
Investment management$2,307
Total administrative$246,383
The Hikma Pharmaceuticals USA Inc. 401(k) match · 2024
Employer contribution per active participant$4,497
Median for plans this size$4,294
2024$4,497 per active participant
2023$4,627 per active participant
2022$5,005 per active participant

Hikma Pharmaceuticals USA Inc.'s 2024 employer contribution ran above the $4,294 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$217,058
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,017

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$246,383 · 0.09%
2023$273,248 · 0.12%
2022$303,124 · 0.13%
Same employer
Similar plansWholesale Trade · New Jersey
Wakefern Food Corp. NJ$478.5M · 0.08%
Iconectiv, LLC NJ$239.2M · 0.03%
Ferring Pharmaceutical Inc. NJ$232.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223114571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.