Plan Ledger DOL Form 5500 · updated monthly

Ingenus Pharmaceuticals, LLC401(k)

INGENUS PHARMACEUTICALS, LLC 401(K) PROFIT SHARING PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Ingenus Pharmaceuticals, LLC reported $82,487 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,628 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 0.52% to 0.46%. 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 3,644 plans among Florida employers on file, and the 5,838th of 13,661 in manufacturing. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 214 to 343 since 2022.

Plan summary
Net assets, end of year$20,513,558
Participants with balances289
Active participants343
Employer contributions$901,270
Employee contributions$1,979,446
Employer contribution per active participant$2,628
Average account balance$70,981
Benefits paid to participants$726,839
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 289 accts · $901K emplr
2023$15.4M · 233 accts · $729K emplr
2022$10.9M · 216 accts · $704K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,731
Investment management$7,756
Total administrative$82,487
The Ingenus Pharmaceuticals, LLC 401(k) match · 2024
Employer contribution per active participant$2,628
Median for plans this size$2,416
2024$2,628 per active participant
2023$3,131 per active participant
2022$3,288 per active participant

Ingenus Pharmaceuticals, LLC's 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$74,731
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,756

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$82,487 · 0.46%
2023$63,199 · 0.48%
2022$58,448 · 0.52%
Same employer
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Wire Experts Group, Inc. FL$22.9M · 0.00%
Gws Holdings FL$22.2M · 0.51%
Perez Trading Company, Inc. FL$20.7M · 0.26%
Gws Tool, LLC FL$20.2M · 0.52%
Barfield, Inc. FL$20.0M · 0.82%
Ayr Strategies, Inc. FL$19.8M · 2.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271195763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.