Plan Ledger DOL Form 5500 · updated monthly

Pharmavite LLC401(k)

PHARMAVITE'S 401(K) SAVINGS PLAN · WEST HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Pharmavite LLC reported $332,540 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,235 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 0.13% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 515th-largest of 9,483 plans among California employers on file, and the 1,059th of 13,661 in manufacturing. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 1,759 to 2,219 since 2022.

Plan summary
Net assets, end of year$228,111,241
Participants with balances2,415
Active participants2,219
Employer contributions$4,960,560
Employee contributions$15,069,221
Employer contribution per active participant$2,235
Average account balance$94,456
Benefits paid to participants$24,300,035
Plan auditUnmodified (clean) audit opinion
AuditorGREEN HASSON & JANKS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$228.1M · 2,415 accts · $5.0M emplr
2023$191.2M · 314 accts · $4.2M emplr
2022$162.9M · 2,130 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$191,532
Investment management$80,538
Total administrative$332,540
The Pharmavite LLC 401(k) match · 2024
Employer contribution per active participant$2,235
Median for plans this size$3,635
2024$2,235 per active participant
2023$2,306 per active participant
2022$2,250 per active participant

Pharmavite LLC's 2024 employer contribution ran below the $3,635 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
GREEN HASSON & JANKS LLC · Investment advisory (plan)$50,538
BENEFIT FINANCIAL SERVICES GRP · Investment advisory (plan)$30,000

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$332,540 · 0.16%
2023$266,241 · 0.15%
2022$222,847 · 0.13%
Same employer
Similar plansManufacturing · California
Hilmar Cheese Company CA$236.9M · 0.07%
Safran Cabin Inc. CA$235.3M · 0.14%
Sierra Nevada Brewing Co. CA$226.1M · 0.04%
Lumileds LLC CA$225.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431951087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.