Plan Ledger DOL Form 5500 · updated monthly

Pharmaceutical Research and Manufacturers of America401(k)

PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA DEFERRED SAVINGS PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Pharmaceutical Research and Manufacturers of America reported $38,586 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $22,506 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 0.00% to 0.03%. 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 83rd-largest of 618 plans among District of Columbia employers on file, and the 1,225th of 11,654 in professional & technical services. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$125,905,769
Participants with balances357
Active participants235
Employer contributions$5,288,965
Employee contributions$4,261,184
Employer contribution per active participant$22,506
Average account balance$352,677
Benefits paid to participants$13,365,095
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$125.9M · 357 accts · $5.3M emplr
2023$111.7M · 355 accts · $5.3M emplr
2022$95.1M · 383 accts · $5.1M emplr
The Pharmaceutical Research and Manufacturers of America 401(k) match · 2024
Employer contribution per active participant$22,506
Median for plans this size$3,635
2024$22,506 per active participant
2023$23,443 per active participant
2022$21,173 per active participant

Pharmaceutical Research and Manufacturers of America's 2024 employer contribution ran above the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,586
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
GLOBAL RETIREMENT PARTNERS, LLC, A · Investment advisory (plan)indirect comp

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$38,586 · 0.03%
2023$24,884 · 0.02%
2022$3,655 · 0.00%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Beveridge & Diamond, P.C. DC$136.5M · 0.11%
Sughrue Mion, PLLC DC$130.0M · 0.13%
Zuckerman Spaeder, LLP DC$109.1M · 0.10%
Buckley LLP DC$95.9M · 0.01%
Chemonics Holdings, Inc. DC$88.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530241211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.