Plan Ledger DOL Form 5500 · updated monthly

Jason Pharmaceuticals, Inc.401(k)

MEDIFAST, INC. 401(K) PLAN · BALTIMORE, MD · plan year 2025

Reported admin expense ratio · 2025
0.15%

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

Jason Pharmaceuticals, Inc. reported $66,500 in plan administrative expenses for 2025: 0.15% of average plan assets, below the peer median. Employer contributions averaged $4,028 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 3 years on file its reported administrative ratio fell from 0.21% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 333rd-largest of 1,671 plans among Maryland employers on file, and the 3,249th of 13,661 in manufacturing. In 2025, employees put in $2.36 for every $1.00 the employer contributed; active participation has shrunk from 833 to 424 since 2022.

Plan summary
Net assets, end of year$47,970,949
Participants with balances651
Active participants424
Employer contributions$1,707,783
Employee contributions$4,033,590
Employer contribution per active participant$4,028
Average account balance$73,688
Benefits paid to participants$7,427,386
Plan auditUnmodified (clean) audit opinion
AuditorCOKER AND COMPANY, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$48.0M · 651 accts · $1.7M emplr
2024$41.8M · 756 accts · $2.0M emplr
2023$34.1M · 759 accts · $2.4M emplr
2022$25.9M · 939 accts · $2.2M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$66,500
Total administrative$66,500
The Jason Pharmaceuticals, Inc. 401(k) match · 2025
Employer contribution per active participant$4,028
Median for plans this size$2,666
2025$4,028 per active participant
2024$3,409 per active participant
2023$3,729 per active participant
2022$2,628 per active participant

Jason Pharmaceuticals, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$66,500

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

Administrative cost history4
2025$66,500 · 0.15%
2024$73,355 · 0.19%
2023$60,052 · 0.20%
2022$55,594 · 0.21%
Same employer
Similar plansManufacturing · Maryland
Ambu, Inc. MD$65.7M · 0.36%
G3 Technologies Inc MD$59.5M · 0.04%
Bisgp MD$56.3M · 0.43%
Usalco, LLC MD$51.4M · 0.03%
Powercon Corporation MD$44.9M · 0.23%
Independent Can Company MD$40.4M · 0.34%
H&S Bakery, Inc. MD$39.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521237423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.