Plan Ledger DOL Form 5500 · updated monthly

Hutchmed International Corporation401(k)

HUTCHMED INTERNATIONAL CORPORATION 401(K) PLAN · FLORHAM PARK, NJ · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Hutchmed International Corporation reported $43,278 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $14,971 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 has held roughly steady near 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,622nd of 2,419), and 8,506th of 11,654 in professional & technical services. In 2023, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,486,330
Participants with balances105
Active participants49
Employer contributions$733,571
Employee contributions$1,381,036
Employer contribution per active participant$14,971
Average account balance$80,822
Benefits paid to participants$1,837,860
Plan auditUnmodified (clean) audit opinion
AuditorROSENBERG RICH BAKER BERMAN, P.A.
Plan history2
Yearassets · accounts · employer contribution
2024$7.6M · 76 accts · $366K emplr
2023$8.5M · 105 accts · $734K emplr
Administrative expenses, itemized · 2023
Investment management$39,488
Total administrative$43,278
The Hutchmed International Corporation 401(k) match · 2023
Employer contribution per active participant$14,971
Median for plans this size$1,308
2024$18,280 per active participant
2023$14,971 per active participant

Hutchmed International Corporation's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
LPL FINANCIAL · Investment advisory (plan)$37,897
LEAFHOUSE FINANCIAL ADVISORS, LLC$3,790
EMPOWER ADVISORY GROUP, LLC · Investment management$1,591

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

Administrative cost history2
2024$45,709 · 0.57%
2023$43,278 · 0.56%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Green Expert Technology NJ$8.6M · 0.44%
Sales Benchmark Index NJ$8.5M · 0.03%
Clinilabs, Inc. NJ$8.4M · 0.29%
3I Infotech, Inc. NJ$8.4M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352589406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.