Plan Ledger DOL Form 5500 · updated monthly

Mayne Pharma Commercial LLC401(k)

THE MAYNE PHARMA COMMERCIAL LLC 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Mayne Pharma Commercial LLC reported $34,854 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,847 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 0.09% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 375th-largest of 2,005 plans among North Carolina employers on file, and the 3,143rd of 13,661 in manufacturing. In 2024, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,184,916
Participants with balances685
Active participants237
Employer contributions$1,148,684
Employee contributions$3,360,757
Employer contribution per active participant$4,847
Average account balance$73,263
Benefits paid to participants$11,149,926
Plan auditUnmodified (clean) audit opinion
AuditorALAN ROSS & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$50.2M · 685 accts · $1.1M emplr
2023$47.6M · 635 accts · $1.3M emplr
2022$46.8M · 769 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,854
Total administrative$34,854
The Mayne Pharma Commercial LLC 401(k) match · 2024
Employer contribution per active participant$4,847
Median for plans this size$2,416
2024$4,847 per active participant
2023$5,601 per active participant
2022$8,690 per active participant

Mayne Pharma Commercial LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,854

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$34,854 · 0.07%
2023$29,180 · 0.06%
2022$54,225 · 0.09%
Same employer
Similar plansManufacturing · North Carolina
Coats American, Inc. NC$51.9M · 0.20%
3A Composites Holding Inc. NC$51.4M · 0.08%
Rhf Investments, Inc. NC$50.4M · 0.46%
Armacell, LLC NC$49.6M · 0.30%
Ngk Ceramics USA, Inc. NC$48.9M · 0.17%
Porvair Corporation NC$48.3M · 0.25%
Sherrill Furniture Company NC$47.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561870457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.