Plan Ledger DOL Form 5500 · updated monthly

Lupin Pharmaceuticals, Inc.401(k)

LUPIN PHARMACEUTICALS, INC. 401(K) PROFIT SHARING PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Lupin Pharmaceuticals, Inc. reported $8,346 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,887 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 0.02% to 0.01%. 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 239th-largest of 1,671 plans among Maryland employers on file, and the 2,027th of 11,654 in professional & technical services. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 372 to 461 since 2022.

Plan summary
Net assets, end of year$71,652,210
Participants with balances814
Active participants461
Employer contributions$2,252,747
Employee contributions$4,185,772
Employer contribution per active participant$4,887
Average account balance$88,025
Benefits paid to participants$5,888,030
Plan auditUnmodified (clean) audit opinion
AuditorBENEFIT AUDIT GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$71.7M · 814 accts · $2.3M emplr
2023$61.4M · 790 accts · $2.0M emplr
2022$52.3M · 749 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,346
Total administrative$8,346
The Lupin Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$4,887
Median for plans this size$3,635
2024$4,887 per active participant
2023$4,646 per active participant
2022$5,059 per active participant

Lupin Pharmaceuticals, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$8,290

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,346 · 0.01%
2023$13,290 · 0.02%
2022$11,279 · 0.02%
Same employer
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Jbs International, Inc. MD$74.0M · 0.02%
Sc&H Group, Inc. MD$74.0M · 0.15%
Indyne, Inc. MD$72.5M · 0.14%
Rmf Engineering, Inc. MD$68.0M · 0.35%
Regenxbio Inc MD$67.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161674598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.