Plan Ledger DOL Form 5500 · updated monthly

Pharmacord, LLC401(k)

PHARMACORD, LLC 401(K) PLAN · JEFFERSONVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Pharmacord, LLC reported $21,888 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $1,142 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 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Indiana (1,047th of 1,562), and the 1,224th of 2,534 in administrative & support services. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 418 to 902 since 2022.

Plan summary
Net assets, end of year$7,041,540
Participants with balances531
Active participants902
Employer contributions$1,030,064
Employee contributions$1,515,582
Employer contribution per active participant$1,142
Average account balance$13,261
Benefits paid to participants$760,551
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 531 accts · $1.0M emplr
2023$4.5M · 408 accts · $640K emplr
2022$2.3M · 228 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,888
Total administrative$21,888
The Pharmacord, LLC 401(k) match · 2024
Employer contribution per active participant$1,142
Median for plans this size$1,313
2024$1,142 per active participant
2023$681 per active participant
2022$757 per active participant

Pharmacord, LLC's 2024 employer contribution ran below the $1,313 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
ALLIANCE PENSION CONSULTANTS · Custodial$21,888
CHARLES SCHWAB TRUST BANK · Custodialindirect 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$21,888 · 0.38%
2023$8,721 · 0.26%
2022$7,088 · 0.36%
Same employer
Similar plansAdministrative & Support Services · Indiana
Surack Enterprises Corp IN$10.9M · 0.98%
Briljent, LLC IN$8.8M · 0.52%
Merrell Bros., Inc. IN$8.5M · 0.90%
Wings Etc., Inc. IN$8.1M · 0.50%
Smart IT Staffing, Inc. IN$6.6M · 0.59%
Dnb Holdings, Inc IN$6.4M · 0.84%
C&S Acquisitions, Inc. IN$5.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814387992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.