Plan Ledger DOL Form 5500 · updated monthly

Marinus Pharmaceuticals, Inc.401(k)

MARINUS PHARMACEUTICALS, INC. 401(K) PLAN · RADNOR, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Marinus Pharmaceuticals, Inc. reported $3,785 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $15,676 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 0.80% to 0.03%. 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 among the smaller plans on file in Pennsylvania (1,879th of 3,651), and 6,654th of 11,654 in professional & technical services. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has shrunk from 152 to 61 since 2022.

Plan summary
Net assets, end of year$14,672,412
Participants with balances173
Active participants61
Employer contributions$956,225
Employee contributions$2,403,665
Employer contribution per active participant$15,676
Average account balance$84,812
Benefits paid to participants$2,412,448
Plan auditUnmodified (clean) audit opinion
AuditorFISCHER CUNNANE & ASSOCIATES LTD
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 173 accts · $956K emplr
2023$11.7M · 200 accts · $1.1M emplr
2022$7.4M · 182 accts · $972K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,785
Total administrative$3,785
The Marinus Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$15,676
Median for plans this size$2,416
2024$15,676 per active participant
2023$6,762 per active participant
2022$6,395 per active participant

Marinus Pharmaceuticals, 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$3,785
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP, Bank of America / Merrill

This plan has changed recordkeepers within these filings. If you left Marinus Pharmaceuticals, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,785 · 0.03%
2023$69,237 · 0.73%
2022$52,265 · 0.80%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 200198082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.