Plan Ledger DOL Form 5500 · updated monthly

Polypeptide Laboratories, Inc.401(k)

POLYPEPTIDE LABORATORIES, INC. 401(K) PLAN AND TRUST · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Polypeptide Laboratories, Inc. reported $53,180 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $4,092 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 0.16% to 0.14%. 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 2,203rd-largest of 9,483 plans among California employers on file, and the 3,779th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,701,895
Participants with balances367
Active participants254
Employer contributions$1,039,283
Employee contributions$2,132,318
Employer contribution per active participant$4,092
Average account balance$105,455
Benefits paid to participants$5,756,399
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.7M · 367 accts · $1.0M emplr
2023$36.2M · 363 accts · $1.2M emplr
2022$32.3M · 348 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,265
Investment management$7,915
Total administrative$53,180
The Polypeptide Laboratories, Inc. 401(k) match · 2024
Employer contribution per active participant$4,092
Median for plans this size$2,416
2024$4,092 per active participant
2023$4,495 per active participant
2022$6,363 per active participant

Polypeptide Laboratories, Inc.'s 2024 employer contribution ran above 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,265
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,915

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$53,180 · 0.14%
2023$48,677 · 0.14%
2022$53,773 · 0.16%
Same employer
Similar plansManufacturing · California
Neuropace, Inc. CA$39.7M · 0.12%
Statek Corporation CA$39.3M · 0.32%
Sierra Wireless America CA$38.4M · 0.17%
Netafim Irrigation, Inc. CA$38.1M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954599892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.