Plan Ledger DOL Form 5500 · updated monthly

Pharmachem Laboratories, Inc.Profit-sharing plan

PHARMACHEM LABORATORIES, INC. PROFIT SHARING PLAN · WILMINGTON, DE · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Pharmachem Laboratories, Inc. reported $29,361 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.11% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 57th-largest of 242 plans among Delaware employers on file, and the 3,265th of 13,661 in manufacturing. active participation has shrunk from 106 to 66 since 2022.

Plan summary
Net assets, end of year$47,719,000
Participants with balances156
Active participants66
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$305,891
Benefits paid to participants$10,605,992
Plan auditUnmodified (clean) audit opinion
AuditorBLUE AND COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.4M · 5 accts
2023$47.7M · 156 accts
2022$46.2M · 157 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,810
Investment management$10,147
Total administrative$29,361
Employer contributions to the Pharmachem Laboratories, Inc. plan · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Pharmachem Laboratories, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
NEWPORT GROUP · Investment management$6,390

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$6,734 · 0.03%
2023$29,361 · 0.06%
2022$59,922 · 0.11%
Similar plansManufacturing · Delaware
New Ilc Dover Inc. DE$68.9M · 0.18%
Noramco LLC DE$66.0M · 0.07%
Spi Pharma DE$56.6M · 0.27%
Iko Industries, Inc. DE$43.2M · 0.50%
The Lycra Company LLC DE$42.6M · 0.25%
Pats Aircraft, LLC DE$37.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221625213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.