Plan Ledger DOL Form 5500 · updated monthly

Sun Pharmaceutical Industries, Inc.401(k)

SUN PHARMACEUTICAL INDUSTRIES, INC. 401(K) PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Sun Pharmaceutical Industries, Inc. reported $82,103 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $124,202 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 0.04% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 173rd-largest of 2,419 plans among New Jersey employers on file, and the 837th of 13,661 in manufacturing. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has shrunk from 1,429 to 71 since 2022.

Plan summary
Net assets, end of year$308,559,232
Participants with balances0
Active participants71
Employer contributions$8,818,315
Employee contributions$20,899,971
Employer contribution per active participant$124,202
Average account balance—
Benefits paid to participants$47,893,354
Plan auditUnmodified (clean) audit opinion
AuditorNPD GROUP CPA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$308.6M · $8.8M emplr
2023$225.3M · 2,439 accts · $7.8M emplr
2022$189.8M · 2,373 accts · $7.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,354
Total administrative$82,103
The Sun Pharmaceutical Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$124,202
Median for plans this size$4,294
2024$124,202 per active participant
2023$5,307 per active participant
2022$5,472 per active participant

Sun Pharmaceutical Industries, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20241
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$82,103

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Sun Pharmaceutical Industries, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$82,103 · 0.03%
2023$136,529 · 0.07%
2022$75,542 · 0.04%
Same employer
Similar plansManufacturing · New Jersey
Symrise, Inc. NJ$328.2M · 0.08%
Volvo Car USA LLC NJ$325.6M · 0.18%
Organon LLC NJ$324.1M · 0.01%
Conair LLC NJ$302.8M · 0.11%
Crestron Electronics, Inc NJ$274.6M · 0.27%
Onto Innovation, Inc. NJ$263.7M · 0.00%
Ptc Therapeutics, Inc. NJ$243.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382505723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.