Plan Ledger DOL Form 5500 · updated monthly

Mission Pharmacal Company401(k)

MISSION PHARMACAL COMPANY RETIREMENT SAVINGS PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Mission Pharmacal Company reported $21,956 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,707 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 0.05%. 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 1,105th-largest of 5,688 plans among Texas employers on file, and the 3,287th of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,355,026
Participants with balances442
Active participants274
Employer contributions$741,729
Employee contributions$1,704,331
Employer contribution per active participant$2,707
Average account balance$107,138
Benefits paid to participants$4,554,380
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$47.4M · 442 accts · $742K emplr
2023$42.9M · 479 accts · $773K emplr
2022$37.2M · 477 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,956
Total administrative$21,956
The Mission Pharmacal Company 401(k) match · 2024
Employer contribution per active participant$2,707
Median for plans this size$2,416
2024$2,707 per active participant
2023$2,732 per active participant
2022$1,496 per active participant

Mission Pharmacal Company's 2024 employer contribution ran above the $2,416 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

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$21,956 · 0.05%
2023$26,201 · 0.07%
2022$59,733 · 0.13%
Same employer
Similar plansManufacturing · Texas
Sachem, Inc. TX$48.0M · 0.13%
Reddy Ice LLC TX$46.6M · 0.56%
Cfan Company TX$46.5M · 0.18%
Novaria Holdings TX$46.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741041775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.