Plan Ledger DOL Form 5500 · updated monthly

On Demand Pharmaceuticals401(k)

ON DEMAND PHARMACEUTICALS 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

On Demand Pharmaceuticals reported $29,143 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $19,269 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 has held roughly steady near 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (1,312th of 1,671), and 11,444th of 13,661 in manufacturing. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,557,156
Participants with balances109
Active participants23
Employer contributions$443,179
Employee contributions$448,038
Employer contribution per active participant$19,269
Average account balance$41,809
Benefits paid to participants$821,029
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.6M · 109 accts · $443K emplr
2023$3.9M · 112 accts · $666K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,143
Total administrative$29,143
The On Demand Pharmaceuticals 401(k) match · 2024
Employer contribution per active participant$19,269
Median for plans this size$1,313
2024$19,269 per active participant
2023$8,996 per active participant

On Demand Pharmaceuticals's 2024 employer contribution ran above the $1,313 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
T. ROWE PRICE · Recordkeeping · Loan processing$29,143

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history2
2024$29,143 · 0.69%
2023$27,476 · 0.70%
Similar plansManufacturing · Maryland
C-Care Company, LLC MD$5.4M · 0.44%
Km Printing LLC MD$5.1M · 1.14%
Ironmark, Inc. MD$4.6M · 0.26%
Vytex Corporation MD$4.5M · 0.74%
Classic Brands, LLC MD$4.0M · 0.52%
Cp Direct, Inc. MD$3.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371802433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.