Plan Ledger DOL Form 5500 · updated monthly

Kindeva Drug Delivery L.P.401(k)

KINDEVA DRUG DELIVERY L.P. 401(K) PLAN · WOODBURY, MN · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Kindeva Drug Delivery L.P. reported $174,027 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $7,378 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 0.18% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 266th-largest of 1,918 plans among Minnesota employers on file, and the 197th of 786 in management of companies. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 488 to 1,430 since 2022.

Plan summary
Net assets, end of year$106,424,933
Participants with balances1,482
Active participants1,430
Employer contributions$10,551,052
Employee contributions$12,823,664
Employer contribution per active participant$7,378
Average account balance$71,812
Benefits paid to participants$11,008,813
Plan auditUnmodified (clean) audit opinion
AuditorDELOITTE AND TOUCHE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$106.4M · 1,482 accts · $10.6M emplr
2023$52.2M · 636 accts · $5.0M emplr
2022$39.8M · 596 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$174,027
Total administrative$174,027
The Kindeva Drug Delivery L.P. 401(k) match · 2024
Employer contribution per active participant$7,378
Median for plans this size$3,635
2024$7,378 per active participant
2023$3,795 per active participant
2022$9,877 per active participant

Kindeva Drug Delivery L.P.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$174,026

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$174,027 · 0.22%
2023$77,898 · 0.17%
2022$69,496 · 0.18%
Similar plansManagement of Companies · Minnesota
Pentair Inc MN$909.7M · 0.06%
Pohlad Companies, LLC MN$371.4M · 0.07%
Granite Equity Partners MN$283.4M · 0.06%
The Churchill Companies MN$216.8M · 0.06%
The Goodman Group, Inc. MN$79.5M · 0.28%
Finlayson Bancshares, Inc. MN$30.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844107779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.