Plan Ledger DOL Form 5500 · updated monthly

Ironwood Pharmaceuticals, Inc.401(k)

IRONWOOD PHARMACEUTICALS, INC. 401(K) SAVINGS PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Ironwood Pharmaceuticals, Inc. reported $2,475 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,485 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 rose from 0.002% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 468th-largest of 2,726 plans among Massachusetts employers on file, and the 1,706th of 11,654 in professional & technical services. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,794,016
Participants with balances455
Active participants221
Employer contributions$2,317,251
Employee contributions$4,785,381
Employer contribution per active participant$10,485
Average account balance$192,954
Benefits paid to participants$9,487,159
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA,P.C
Plan history3
Yearassets · accounts · employer contribution
2024$87.8M · 455 accts · $2.3M emplr
2023$78.5M · 470 accts · $2.2M emplr
2022$69.5M · 498 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,475
Total administrative$2,475
The Ironwood Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$10,485
Median for plans this size$3,635
2024$10,485 per active participant
2023$10,220 per active participant
2022$9,597 per active participant

Ironwood Pharmaceuticals, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,475

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$2,475 · 0.00%
2023$3,842 · 0.01%
2022$1,850 · 0.00%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Morrison Mahoney LLP MA$92.8M · 0.01%
Boston Dynamics, Inc. MA$91.3M · 0.16%
The Bridgespan Group MA$88.8M · 0.19%
Riemer & Braunstein LLP MA$87.6M · 0.17%
Extreme Reach Inc. MA$85.0M · 0.13%
Bluebird Bio, Inc. MA$82.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043404176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.