Plan Ledger DOL Form 5500 · updated monthly

Mylan Pharmaceuticals Inc.401(k)

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN · CANONSBURG, PA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Mylan Pharmaceuticals Inc. reported $3,225 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $323 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 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 813th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,222nd of 13,661 in manufacturing. In 2022, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,480,782
Participants with balances626
Active participants212
Employer contributions$68,471
Employee contributions$103,252
Employer contribution per active participant$323
Average account balance$77,445
Benefits paid to participants$23,997,477
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.9M · 392 accts · $26K emplr
2023$44.3M · 450 accts · $29K emplr
2022$48.5M · 626 accts · $68K emplr
The Mylan Pharmaceuticals Inc. 401(k) match · 2022
Employer contribution per active participant$323
Median for plans this size$3,449
2024$318 per active participant
2023$356 per active participant
2022$323 per active participant

Mylan Pharmaceuticals Inc.'s 2022 employer contribution ran below the $3,449 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

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

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Administrative cost history3
2024$825 · 0.00%
2023$1,225 · 0.00%
2022$3,225 · 0.01%
Similar plansManufacturing · Pennsylvania
Ipeg, Inc. PA$49.9M · 0.01%
Trinseo, LLC PA$49.4M · 0.10%
Powerex, Inc. PA$48.9M · 0.07%
Betts Industries, Inc. PA$48.9M · 0.27%
Greene, Tweed & Co., Inc. PA$48.2M · 0.12%
York Container Company PA$47.3M · 0.24%
Bvpv Styrenics LLC PA$46.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550455423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.