Plan Ledger DOL Form 5500 · updated monthly

Phathom Pharmaceuticals, Inc.401(k)

PHATHOM PHARMACEUTICALS, INC. 401(K) PLAN · FLORHAM PARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Phathom Pharmaceuticals, Inc. reported $5,900 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,069 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.

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 884th-largest of 2,419 plans among New Jersey employers on file, and the 4,846th of 13,661 in manufacturing. In 2024, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,149,836
Participants with balances487
Active participants413
Employer contributions$5,810,307
Employee contributions$7,298,028
Employer contribution per active participant$14,069
Average account balance$55,749
Benefits paid to participants$871,546
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,900
Total administrative$5,900
The Phathom Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$14,069
Median for plans this size$2,416

Phathom Pharmaceuticals, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$5,900

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

Administrative cost history1
2024$5,900 · 0.03%
Same employer
Similar plansManufacturing · New Jersey
E.T. Browne Drug Co., Inc NJ$27.3M · 0.18%
Marcal Manufacturing, LLC NJ$26.6M · 0.81%
United Envelope, LLC NJ$26.0M · 0.14%
United Envelope, LLC NJ$25.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824151574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.