Plan Ledger DOL Form 5500 · updated monthly

Societal Cdmo, Inc.401(k)

SOCIETAL CDMO 401(K) PLAN · EXTON, PA · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Societal Cdmo, Inc. reported $91,439 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $5,766 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 1 year on file its reported administrative ratio rose from 0.23% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,058th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,686th of 11,654 in professional & technical services. In 2023, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,965,412
Participants with balances363
Active participants267
Employer contributions$1,539,531
Employee contributions$2,556,682
Employer contribution per active participant$5,766
Average account balance$96,323
Benefits paid to participants$2,554,304
Plan auditUnmodified (clean) audit opinion
AuditorTORRILLO AND ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $672K emplr
2023$35.0M · 363 accts · $1.5M emplr
2022$27.4M · 360 accts · $1.4M emplr
The Societal Cdmo, Inc. 401(k) match · 2023
Employer contribution per active participant$5,766
Median for plans this size$2,440
2023$5,766 per active participant
2022$5,143 per active participant

Societal Cdmo, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$39,312
LPL-RP · Investment advisory (plan)$54,427

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024Not separately reported
2023$91,439 · 0.29%
2022$66,880 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Becket & Lee, LLP PA$35.7M · 0.15%
Polysciences, Inc. PA$34.8M · 0.01%
Swartz Campbell LLC PA$34.8M · 0.01%
St. Onge Company PA$34.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261523233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.