Plan Ledger DOL Form 5500 · updated monthly

Mylan Inc.401(k)

MYLAN PROFIT SHARING 401(K) PLAN · CANONSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Mylan Inc. reported $44,330 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,432 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 rose from 0.003% to 0.004%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 67th-largest of 3,651 plans among Pennsylvania employers on file, and the 291st of 13,661 in manufacturing. In 2024, the employer put in $1.26 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,170,330,954
Participants with balances4,791
Active participants2,528
Employer contributions$36,483,244
Employee contributions$28,935,594
Employer contribution per active participant$14,432
Average account balance$244,277
Benefits paid to participants$103,900,887
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 4,791 accts · $36.5M emplr
2023$1.1B · 4,993 accts · $39.3M emplr
2022$960.9M · 5,172 accts · $36.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,330
Total administrative$44,330
The Mylan Inc. 401(k) match · 2024
Employer contribution per active participant$14,432
Median for plans this size$5,259
2024$14,432 per active participant
2023$15,447 per active participant
2022$13,683 per active participant

Mylan Inc.'s 2024 employer contribution ran above the $5,259 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$44,337

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

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

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

Administrative cost history3
2024$44,330 · 0.00%
2023$27,829 · 0.00%
2022$30,971 · 0.00%
Same employer
Similar plansManufacturing · Pennsylvania
Arkema Inc. PA$1.2B · 0.04%
Bbu, Inc. PA$1.2B · 0.04%
Coherent Corp. PA$1.2B · 0.03%
Cslb Holdings Inc. PA$1.2B · 0.07%
B. Braun Medical Inc. PA$977.3M · 0.08%
Essity North America PA$912.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251211621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.