Plan Ledger DOL Form 5500 · updated monthly

Ipsen Biopharmaceuticals, Inc401(k)

IPSEN BIOPHARMACEUTICALS, INC. U.S. 401(K) PLAN · BERKELEY HEIGHTS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ipsen Biopharmaceuticals, Inc reported $93,898 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $23,408 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 0.09% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 222nd-largest of 2,419 plans among New Jersey employers on file, and the 238th of 4,246 in wholesale trade. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$205,813,547
Participants with balances1,193
Active participants683
Employer contributions$15,987,988
Employee contributions$13,882,284
Employer contribution per active participant$23,408
Average account balance$172,518
Benefits paid to participants$22,416,715
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$205.8M · 1,193 accts · $16.0M emplr
2023$165.9M · 1,181 accts · $14.5M emplr
2022$125.0M · 1,027 accts · $11.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,648
Audit (IQPA)$28,250
Total administrative$93,898
The Ipsen Biopharmaceuticals, Inc 401(k) match · 2024
Employer contribution per active participant$23,408
Median for plans this size$3,635
2024$23,408 per active participant
2023$20,946 per active participant
2022$18,887 per active participant

Ipsen Biopharmaceuticals, Inc's 2024 employer contribution ran above the $3,635 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$65,648
MOSS ADAMS LLP · Accounting / audit$28,250

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$93,898 · 0.05%
2023$92,432 · 0.06%
2022$118,753 · 0.09%
Same employer
Similar plansWholesale Trade · New Jersey
Iconectiv, LLC NJ$239.2M · 0.03%
Ferring Pharmaceutical Inc. NJ$232.8M · 0.02%
Fedway Associates, Inc. NJ$188.5M · 0.07%
Saloncentric, Inc. NJ$167.4M · 0.06%
Groupe Seb NJ$137.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260042539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.