Plan Ledger DOL Form 5500 · updated monthly

Quva Pharma, Inc.401(k)

QUVA PHARMA, INC. SAVINGS AND INVESTMENT PLAN · SUGAR LAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Quva Pharma, Inc. reported $114,625 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,645 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 0.49% to 0.35%. 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 1,311th-largest of 5,688 plans among Texas employers on file, and the 3,862nd of 13,661 in manufacturing. In 2024, employees put in $2.61 for every $1.00 the employer contributed; active participation has grown from 984 to 1,342 since 2022.

Plan summary
Net assets, end of year$37,420,217
Participants with balances1,479
Active participants1,342
Employer contributions$2,208,247
Employee contributions$5,770,014
Employer contribution per active participant$1,645
Average account balance$25,301
Benefits paid to participants$3,814,845
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.4M · 1,479 accts · $2.2M emplr
2023$28.3M · 1,286 accts · $2.1M emplr
2022$18.1M · 1,117 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,576
Investment management$9,772
Audit (IQPA)$23,277
Total administrative$114,625
The Quva Pharma, Inc. 401(k) match · 2024
Employer contribution per active participant$1,645
Median for plans this size$2,416
2024$1,645 per active participant
2023$1,773 per active participant
2022$1,595 per active participant

Quva Pharma, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$81,576
KREISHER MILLER · Accounting / audit$23,277
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,772

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$114,625 · 0.35%
2023$97,821 · 0.42%
2022$84,820 · 0.49%
Same employer
Similar plansManufacturing · Texas
Lawler Foods, LTD. TX$37.7M · 0.22%
Foxconn Assembly, LLC TX$37.7M · 0.10%
Norit Americas Inc. TX$36.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474625183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.