Plan Ledger DOL Form 5500 · updated monthly

Raritan Pharmaceuticals401(k)

RARITAN PHARMACEUTICALS 401(K) PROFIT SHARING PLAN & TRUST · EAST BRUNSWICK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Raritan Pharmaceuticals reported $30,583 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $540 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 $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 New Jersey (1,725th of 2,419), and 10,062nd of 13,661 in manufacturing. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,187,188
Participants with balances218
Active participants537
Employer contributions$289,821
Employee contributions$722,810
Employer contribution per active participant$540
Average account balance$32,969
Benefits paid to participants$168,330
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,760
Investment management$14,823
Total administrative$30,583
The Raritan Pharmaceuticals 401(k) match · 2024
Employer contribution per active participant$540
Median for plans this size$1,313

Raritan Pharmaceuticals's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
PAYCHEX, INC. · Recordkeeping$15,735
MERRILL LYNCH, PIERCE, FENNER · Investment advisory (plan)$14,823

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$30,583 · 0.48%
Similar plansManufacturing · New Jersey
Katena Products, Inc. NJ$7.3M · 0.27%
Technology Dynamics, Inc. NJ$7.3M · 1.57%
Larose Industries LLC NJ$7.2M · 0.05%
Clover Farms Dairy LLC NJ$7.0M · 0.86%
3SHAPE, Inc. NJ$7.0M · 0.06%
Homasote Company NJ$6.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010680942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.