Plan Ledger DOL Form 5500 · updated monthly

Melinta Subsidiary Corp.401(k)

MELINTA THERAPEUTICS 401(K) PLAN · LINCOLNSHIRE, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Melinta Subsidiary Corp. reported $83,219 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $8,171 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 0.39% to 0.27%. 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 1,250th-largest of 3,702 plans among Illinois employers on file, and the 4,218th of 13,661 in manufacturing. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 133 to 151 since 2022.

Plan summary
Net assets, end of year$32,691,389
Participants with balances241
Active participants151
Employer contributions$1,233,784
Employee contributions$2,732,242
Employer contribution per active participant$8,171
Average account balance$135,649
Benefits paid to participants$4,253,213
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 241 accts · $1.2M emplr
2023$28.3M · 259 accts · $1.2M emplr
2022$21.8M · 248 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,970
Investment management$55,249
Audit (IQPA)$17,000
Total administrative$83,219
The Melinta Subsidiary Corp. 401(k) match · 2024
Employer contribution per active participant$8,171
Median for plans this size$2,416
2024$8,171 per active participant
2023$8,454 per active participant
2022$7,931 per active participant

Melinta Subsidiary Corp.'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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$55,249
PLANTE MORAN PLLC · Accounting / audit$17,000

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$83,219 · 0.27%
2023$94,028 · 0.38%
2022$89,149 · 0.39%
Similar plansManufacturing · Illinois
Tc Industries, Inc. IL$33.2M · 0.05%
Parsons Company, Inc. IL$32.8M · 0.28%
Dukane Ias, LLC IL$32.7M · 0.26%
Peerless Industries, Inc. IL$31.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061599437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.