Plan Ledger DOL Form 5500 · updated monthly

Pharmalogic Holdings Corp.401(k)

PHARMALOGIC HOLDINGS CORP 401(K) PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Pharmalogic Holdings Corp. reported $72,538 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,020 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 0.37% to 0.19%. 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 613th-largest of 3,644 plans among Florida employers on file, and the 3,543rd of 13,661 in manufacturing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 724 to 962 since 2022.

Plan summary
Net assets, end of year$42,303,284
Participants with balances662
Active participants962
Employer contributions$1,943,623
Employee contributions$3,999,305
Employer contribution per active participant$2,020
Average account balance$63,902
Benefits paid to participants$4,119,260
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.3M · 662 accts · $1.9M emplr
2023$34.4M · 570 accts · $1.6M emplr
2022$25.6M · 480 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$72,538
Total administrative$72,538
The Pharmalogic Holdings Corp. 401(k) match · 2024
Employer contribution per active participant$2,020
Median for plans this size$2,416
2024$2,020 per active participant
2023$2,065 per active participant
2022$1,590 per active participant

Pharmalogic Holdings Corp.'s 2024 employer contribution ran below 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 · 20243
SAGEVIEW ADVISORY GROUP · Recordkeeping · Trustee$50,681
ADP, INC. · Recordkeeping · Loan processing$14,860
CARON & BLETZER · Accounting / audit$10,400

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, SAGEVIEW ADVISORY GROUP
2023ADP, SAGEVIEW ADVISORY GROUP LLC

This plan has changed recordkeepers within these filings. If you left Pharmalogic Holdings Corp. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$72,538 · 0.19%
2023$53,813 · 0.18%
2022$92,782 · 0.37%
Same employer
Similar plansManufacturing · Florida
Bst Consultants. Inc. FL$44.3M · 0.38%
Palletone, Inc. FL$44.1M · 0.54%
Sparton Corporation FL$43.6M · 0.31%
Syn-Tech Systems, Inc. FL$42.8M · 0.02%
Luminar Technologies Inc. FL$40.6M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203958410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.