Lundbeck LLC401(k)
LUNDBECK LLC 401(K) PLAN · DEERFIELD, IL · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Lundbeck LLC reported $304,049 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $14,853 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 0.13% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 248th-largest of 3,702 plans among Illinois employers on file, and the 893rd of 13,661 in manufacturing. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has grown from 813 to 1,004 since 2022.
Lundbeck LLC's 2024 employer contribution ran above the $4,294 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 364408953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.