Plan Ledger DOL Form 5500 · updated monthly

Octapharma Plasma, Inc.401(k)

OCTAPHARMA PLASMA, INC. 401 K PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
1.14%

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

Octapharma Plasma, Inc. reported $1,081,819 in plan administrative expenses for 2024: 1.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,330 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 0.87% to 1.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 194th-largest of 2,005 plans among North Carolina employers on file, and the 1,427th of 11,654 in professional & technical services. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$106,053,429
Participants with balances5,235
Active participants4,388
Employer contributions$10,225,039
Employee contributions$14,768,098
Employer contribution per active participant$2,330
Average account balance$20,259
Benefits paid to participants$16,567,075
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON SMITH & WIKE PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$106.1M · 5,235 accts · $10.2M emplr
2023$83.6M · 5,674 accts · $8.4M emplr
2022$59.0M · 5,224 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$947,487
Investment management$134,332
Total administrative$1,081,819
The Octapharma Plasma, Inc. 401(k) match · 2024
Employer contribution per active participant$2,330
Median for plans this size$3,635
2024$2,330 per active participant
2023$1,686 per active participant
2022$1,333 per active participant

Octapharma Plasma, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$653,408
RETIREMENT PLAN ADMINISTRATORS, LLC · Contract administrator · Other services$231,591
MARIETTA WEALTH MANAGEMENT LLC · Investment advisory (plan)$134,332
ASCENSUS · Contract administrator$51,199
RETIREMENT PLAN ADMINISTRATORS, LLC · Contract administrator$29,230
ASCENSUS · Contract administrator · Other services$75

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$1,081,819 · 1.14%
2023$662,528 · 0.93%
2022$523,441 · 0.87%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Kbi Biopharma, Inc. NC$112.2M · 0.20%
Ncino, Inc. NC$110.3M · 0.01%
Channeladvisor Corporation NC$109.3M · 0.11%
Propharma Group NC$104.7M · 0.51%
Flexential Corp. NC$100.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200561852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.