Plan Ledger DOL Form 5500 · updated monthly

Innoviva Specialty Therapeutics Inc.401(k)

IST RETIREMENT PLAN · WALTHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Innoviva Specialty Therapeutics Inc. reported $17,714 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,102 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 1 year on file its reported administrative ratio rose from 0.02% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 909th-largest of 2,726 plans among Massachusetts employers on file, and the 3,721st of 11,654 in professional & technical services. In 2024, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,649,428
Participants with balances299
Active participants117
Employer contributions$947,935
Employee contributions$2,439,979
Employer contribution per active participant$8,102
Average account balance$115,884
Benefits paid to participants$4,517,409
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$34.6M · 299 accts · $948K emplr
2023$30.3M · 284 accts · $936K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,168
Investment management$7,546
Total administrative$17,714
The Innoviva Specialty Therapeutics Inc. 401(k) match · 2024
Employer contribution per active participant$8,102
Median for plans this size$2,416
2024$8,102 per active participant
2023$9,364 per active participant

Innoviva Specialty Therapeutics Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,168
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,546

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$17,714 · 0.05%
2023$4,456 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Pathai, Inc. MA$34.8M · 0.15%
Williamsmarston LLC MA$34.5M · 0.24%
Gradco, LLC D/B/A Gradient MA$33.6M · 0.30%
Prince Lobel Tye LLP MA$33.1M · 0.00%
Infinidat, Inc. MA$32.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920574320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.