Plan Ledger DOL Form 5500 · updated monthly

Scpharmaceuticals, Inc.401(k)

SCPHARMACEUTICALS, INC. 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Scpharmaceuticals, Inc. reported $33,711 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $5,891 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 Massachusetts (1,783rd of 2,726), and 8,212th of 13,661 in manufacturing. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,408,719
Participants with balances164
Active participants158
Employer contributions$930,715
Employee contributions$2,303,409
Employer contribution per active participant$5,891
Average account balance$69,565
Benefits paid to participants$814,196
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,392
Investment management$21,319
Total administrative$33,711
The Scpharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$5,891
Median for plans this size$1,313

Scpharmaceuticals, 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,694
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,219
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$625

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$33,711 · 0.37%
Same employer
Similar plansManufacturing · Massachusetts
Columbia Care, Inc. MA$11.9M · 1.56%
Spinal Group, Inc. MA$11.9M · 0.41%
Rubius Therapeutics, Inc. MA$11.9M · 0.06%
Jaco, Inc. MA$11.5M · 0.31%
Lawton Welding Co., Inc. MA$11.3M · 0.30%
Anokiwave, Inc. MA$11.2M · 0.06%
Sound Seal, Inc. MA$11.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465184075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.