Plan Ledger DOL Form 5500 · updated monthly

Leo Pharma Inc.401(k)

LEO PHARMA INC. 401(K) PLAN · MADISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Leo Pharma Inc. reported $113,329 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $9,549 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 0.19% to 0.17%. 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 473rd-largest of 2,419 plans among New Jersey employers on file, and the 2,104th of 11,654 in professional & technical services. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has shrunk from 406 to 235 since 2022.

Plan summary
Net assets, end of year$68,169,822
Participants with balances450
Active participants235
Employer contributions$2,243,968
Employee contributions$4,011,005
Employer contribution per active participant$9,549
Average account balance$151,488
Benefits paid to participants$9,670,818
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.2M · 450 accts · $2.2M emplr
2023$63.4M · 463 accts · $2.7M emplr
2022$55.2M · 526 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,364
Investment management$47,965
Total administrative$113,329
The Leo Pharma Inc. 401(k) match · 2024
Employer contribution per active participant$9,549
Median for plans this size$3,635
2024$9,549 per active participant
2023$11,572 per active participant
2022$8,338 per active participant

Leo Pharma 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$65,363
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$47,965

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$113,329 · 0.17%
2023$105,686 · 0.18%
2022$115,441 · 0.19%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Rcm Technologies, Inc. NJ$72.2M · 0.20%
Solix, Inc. NJ$69.2M
Attentive Mobile Inc. NJ$67.5M · 0.06%
Diagnostica Stago, Inc. NJ$66.8M · 0.09%
Legend Biotech USA, Inc. NJ$65.8M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800485929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.