Plan Ledger DOL Form 5500 · updated monthly

Piramal Pharma Solutions, Inc.401(k)

PIRAMAL PHARMA SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Piramal Pharma Solutions, Inc. reported $10,410 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,163 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 0.17% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (514th of 871), and 9,354th of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has shrunk from 157 to 138 since 2022.

Plan summary
Net assets, end of year$8,702,571
Participants with balances205
Active participants138
Employer contributions$574,483
Employee contributions$1,028,576
Employer contribution per active participant$4,163
Average account balance$42,452
Benefits paid to participants$1,211,764
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 205 accts · $574K emplr
2023$7.1M · 207 accts · $608K emplr
2022$4.6M · 218 accts · $574K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,410
Total administrative$10,410
The Piramal Pharma Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$4,163
Median for plans this size$1,313
2024$4,163 per active participant
2023$4,409 per active participant
2022$3,654 per active participant

Piramal Pharma Solutions, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$39,396
CREATIVE RETIREMENT SYSTEMS, INC. · Recordkeeping$3,782

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

Recordkeeper by year2
2024CREATIVE RETIREMENT SYSTEMS, INC., The Standard
2023CREATIVE RETIREMENT SYSTEMS, INC., The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,410 · 0.13%
2023$9,825 · 0.17%
2022$7,610 · 0.17%
Similar plansManufacturing · Kentucky
Qualex Manufacturing KY$9.5M · 0.17%
Decoart, LLC KY$9.4M · 0.02%
Grindmaster Corporation KY$9.2M · 0.19%
C & B Marine, LLC KY$8.5M · 0.88%
Tente Casters, Inc. KY$8.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208358138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.