Plan Ledger DOL Form 5500 · updated monthly

Krystal Biotech, Inc.401(k)

KRYSTAL BIOTECH, INC. 401(K) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Krystal Biotech, Inc. reported $35,309 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $5,230 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 0.71% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,783rd-largest of 3,651 plans among Pennsylvania employers on file, and 6,395th of 11,654 in professional & technical services. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 195 to 244 since 2022.

Plan summary
Net assets, end of year$15,790,225
Participants with balances277
Active participants244
Employer contributions$1,276,198
Employee contributions$2,865,197
Employer contribution per active participant$5,230
Average account balance$57,004
Benefits paid to participants$1,770,205
Plan auditUnmodified (clean) audit opinion
AuditorH2R CPA
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 277 accts · $1.3M emplr
2023$9.9M · 233 accts · $1.2M emplr
2022$5.2M · 185 accts · $795K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,458
Investment management$21,433
Audit (IQPA)$418
Total administrative$35,309
The Krystal Biotech, Inc. 401(k) match · 2024
Employer contribution per active participant$5,230
Median for plans this size$2,416
2024$5,230 per active participant
2023$5,353 per active participant
2022$4,077 per active participant

Krystal Biotech, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$21,433
FIDELITY INVESTMT INST OP CO · Loan processing$13,458
H2R CPA · Accounting / audit$6,612
M2B RETIREMENT CONSULTING · Other servicesindirect comp

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$35,309 · 0.28%
2023$70,742 · 0.94%
2022$29,426 · 0.71%
Same employer
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Equisoft Inc PA$16.1M · 0.38%
Computer Enterprises, Inc. PA$15.9M · 0.37%
Olin Partnership, LTD. PA$15.9M · 0.28%
Arraya Solutions, Inc. PA$15.7M · 0.31%
Array Architects, Inc. PA$15.5M · 0.08%
Performance Horizon Inc PA$15.4M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821080209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.