Plan Ledger DOL Form 5500 · updated monthly

Pfizer Pharmaceuticals LLC401(k)

PFIZER PHARMACEUTICALS LLC PROFIT SHARING EMPLOYEE SAVINGS PLAN · CANONSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Pfizer Pharmaceuticals LLC reported $15,911 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,292 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 0.32% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 646th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,545th of 13,661 in manufacturing. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$66,864,428
Participants with balances1,164
Active participants1,362
Employer contributions$7,207,905
Employee contributions$6,782,527
Employer contribution per active participant$5,292
Average account balance$57,444
Benefits paid to participants$4,789,301
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.9M · 1,164 accts · $7.2M emplr
2023$51.1M · 1,174 accts · $7.7M emplr
2022$34.7M · 1,231 accts · $7.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,452
Investment management$2,459
Total administrative$15,911
The Pfizer Pharmaceuticals LLC 401(k) match · 2024
Employer contribution per active participant$5,292
Median for plans this size$3,635
2024$5,292 per active participant
2023$5,623 per active participant
2022$5,254 per active participant

Pfizer Pharmaceuticals LLC's 2024 employer contribution ran above 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$13,453

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$15,911 · 0.03%
2023Not separately reported
2022$100,705 · 0.32%
Similar plansManufacturing · Pennsylvania
Polymer Enterprises, Inc. PA$68.4M · 0.27%
The Wenger Group, Inc. PA$68.0M · 0.30%
Kingsbury, Inc. PA$66.9M · 0.04%
Harold Beck & Sons, Inc. PA$66.4M · 0.07%
Plastek Industries, Inc. PA$64.9M · 0.25%
Double H Plastics, Inc. PA$63.7M · 0.27%
D.G. Yuengling & Son, Inc. PA$63.4M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 660577291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.