Plan Ledger DOL Form 5500 · updated monthly

Pharmaceutics International, Inc.401(k)

PHARMACEUTICS INTERNATIONAL, INC. 401(K) PLAN · HUNT VALLEY, MD · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Pharmaceutics International, Inc. reported $76,902 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,421 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 0.36% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 628th-largest of 1,671 plans among Maryland employers on file, and the 5,725th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 242 to 298 since 2022.

Plan summary
Net assets, end of year$21,144,892
Participants with balances451
Active participants298
Employer contributions$1,019,430
Employee contributions$2,014,372
Employer contribution per active participant$3,421
Average account balance$46,884
Benefits paid to participants$2,405,298
Plan auditQualified audit opinion
AuditorELLIN AND TUCKER
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 451 accts · $1.0M emplr
2023$18.7M · 435 accts · $868K emplr
2022$17.4M · 414 accts · $711K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,454
Investment management$11,793
Total administrative$76,902
The Pharmaceutics International, Inc. 401(k) match · 2024
Employer contribution per active participant$3,421
Median for plans this size$2,416
2024$3,421 per active participant
2023$2,972 per active participant
2022$2,938 per active participant

Pharmaceutics International, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$45,454
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$31,448

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$76,902 · 0.39%
2023$67,463 · 0.37%
2022$67,708 · 0.36%
Similar plansManufacturing · Maryland
Tishcon Corp. MD$22.2M · 0.36%
Fil-Tec, Inc. MD$21.2M · 0.11%
Jb Doors Company MD$20.8M · 0.14%
C.R. Daniels, Inc. MD$19.9M · 0.00%
Hbp, Inc MD$17.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521901342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.