Plan Ledger DOL Form 5500 · updated monthly

Takeda Pharmaceutical U.S.A., Inc.401(k)

TAKEDA PHARMACEUTICAL U.S.A., INC. SAVINGS AND RETIREMENT PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Takeda Pharmaceutical U.S.A., Inc. reported $2,971,785 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $11,090 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 0.07% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 8th-largest of 2,726 plans among Massachusetts employers on file, and the 69th of 13,661 in manufacturing. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,180,974,676
Participants with balances38,538
Active participants23,331
Employer contributions$258,731,300
Employee contributions$224,155,330
Employer contribution per active participant$11,090
Average account balance$160,386
Benefits paid to participants$607,680,840
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2B · 38,538 accts · $258.7M emplr
2023$5.5B · 36,596 accts · $265.6M emplr
2022$4.5B · 34,335 accts · $228.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,418,878
Investment management$924,136
Audit (IQPA)$62,505
Total administrative$2,971,785
The Takeda Pharmaceutical U.S.A., Inc. 401(k) match · 2024
Employer contribution per active participant$11,090
Median for plans this size$5,259
2024$11,090 per active participant
2023$11,422 per active participant
2022$10,504 per active participant

Takeda Pharmaceutical U.S.A., Inc.'s 2024 employer contribution ran above the $5,259 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 · 20245
FIDELITY INV INST OPS CO., INC. · Loan processing$1,501,131
STRATEGIC ADVISORS · Investment advisory (plan)$924,136
WILLIS TOWERS WATSON US LLC · Consulting · Investment advisory (plan)$455,362
MERCER · Consulting · Other services$114,975
FORVIS MAZARS, LLP · Accounting / audit$62,505

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$2,971,785 · 0.05%
2023$2,463,676 · 0.05%
2022$3,683,223 · 0.07%
Same employer
Similar plansManufacturing · Massachusetts
Philips North America LLC MA$6.4B · 0.01%
Analog Devices, Inc. MA$4.3B · 0.01%
Biogen Inc. MA$2.2B
Veralto Corporation MA$1.3B · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134013710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.