Plan Ledger DOL Form 5500 · updated monthly

Kedrion Biopharma, Inc.401(k)

KEDRION BIOPHARMA INC. 401(K) PLAN · FORT LEE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Kedrion Biopharma, Inc. reported $160,697 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,062 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 0.20% to 0.34%. 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 508th-largest of 2,419 plans among New Jersey employers on file, and the 2,739th of 13,661 in manufacturing. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 1,151 to 2,380 since 2022.

Plan summary
Net assets, end of year$61,314,417
Participants with balances1,130
Active participants2,380
Employer contributions$2,526,874
Employee contributions$4,854,042
Employer contribution per active participant$1,062
Average account balance$54,261
Benefits paid to participants$9,441,744
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$61.3M · 1,130 accts · $2.5M emplr
2023$33.0M · 606 accts · $1.4M emplr
2022$26.7M · 550 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,849
Investment management$50,848
Total administrative$160,697
The Kedrion Biopharma, Inc. 401(k) match · 2024
Employer contribution per active participant$1,062
Median for plans this size$2,416
2024$1,062 per active participant
2023$1,054 per active participant
2022$1,149 per active participant

Kedrion Biopharma, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
EMPOWER ADVISORY GROUP, LLC · Investment management$50,848

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$160,697 · 0.34%
2023$166,149 · 0.56%
2022$56,382 · 0.20%
Same employer
Similar plansManufacturing · New Jersey
Hamamatsu Corporation NJ$65.9M · 0.49%
Vitaquest International LLC NJ$65.8M · 0.37%
Richards Manufacturing Co. NJ$65.1M · 0.01%
Elkem Silicones USA Corp. NJ$61.5M · 0.18%
Pmc Group N.A., Inc. NJ$59.8M · 0.17%
Comar, LLC NJ$59.6M · 0.24%
Pny Technologies, Inc. NJ$54.4M · 0.03%
Renaissance Lakewood, LLC NJ$53.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383841851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.