Plan Ledger DOL Form 5500 · updated monthly

Lexicon Pharmaceuticals, Inc.401(k)

LEXICON PHARMACEUTICALS, INC. 401 (K) PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Lexicon Pharmaceuticals, Inc. reported $47,691 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $16,795 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 0.03% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 895th-largest of 5,688 plans among Texas employers on file, and the 2,622nd of 13,661 in manufacturing. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has shrunk from 133 to 109 since 2022.

Plan summary
Net assets, end of year$64,679,936
Participants with balances423
Active participants109
Employer contributions$1,830,670
Employee contributions$4,686,963
Employer contribution per active participant$16,795
Average account balance$152,908
Benefits paid to participants$13,828,961
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.7M · 423 accts · $1.8M emplr
2023$61.6M · 453 accts · $1.4M emplr
2022$51.9M · 329 accts · $673K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,507
Investment management$39,184
Total administrative$47,691
The Lexicon Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$16,795
Median for plans this size$3,635
2024$16,795 per active participant
2023$4,766 per active participant
2022$5,062 per active participant

Lexicon Pharmaceuticals, 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 · 20243
THE WATERFORD GROUP LLC · Investment advisory (plan)$20,916
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,269
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,130

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$47,691 · 0.08%
2023$16,647 · 0.03%
2022$18,012 · 0.03%
Same employer
Similar plansManufacturing · Texas
Tokai Carbon Cb LTD. TX$66.3M · 0.15%
Vopak North America Inc. TX$65.6M · 0.14%
Tymco, Inc. TX$64.7M · 0.11%
Methanex Services US LLC TX$63.3M · 0.09%
Atrion Corporation TX$63.0M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760474169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.