Plan Ledger DOL Form 5500 · updated monthly

Tergus Pharma, LLC401(k)

TERGUS PHARMA, LLC 401(K) PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Tergus Pharma, LLC reported $10,064 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,468 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 North Carolina (1,559th of 2,005), and 11,709th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,050,733
Participants with balances144
Active participants46
Employer contributions$251,523
Employee contributions$461,117
Employer contribution per active participant$5,468
Average account balance$28,130
Benefits paid to participants$1,322,658
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,064
Total administrative$10,064
The Tergus Pharma, LLC 401(k) match · 2024
Employer contribution per active participant$5,468
Median for plans this size$1,313

Tergus Pharma, LLC'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.

Administrative cost history1
2024$10,064 · 0.25%
Same employer
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Darnel Inc NC$4.3M · 0.72%
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1ST Choice Cabinetry, LLC NC$4.2M · 0.34%
Ziehl-Abegg, Inc. NC$4.0M · 1.14%
Fibreworks Composites LLC NC$3.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455123287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.