Plan Ledger DOL Form 5500 · updated monthly

Tersera Therapeutics LLC401(k)

TERSERA THERAPEUTICS 401(K) PLAN · DEERFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Tersera Therapeutics LLC reported $15,697 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,010 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 rose from 0.07% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,681st-largest of 3,702 plans among Illinois employers on file, and the 5,886th of 13,661 in manufacturing. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 141 to 160 since 2022.

Plan summary
Net assets, end of year$20,243,960
Participants with balances171
Active participants160
Employer contributions$1,121,672
Employee contributions$2,378,229
Employer contribution per active participant$7,010
Average account balance$118,386
Benefits paid to participants$1,730,799
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 171 accts · $1.1M emplr
2023$15.0M · 170 accts · $1.1M emplr
2022$10.9M · 160 accts · $838K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,385
Investment management$12,612
Total administrative$15,697
The Tersera Therapeutics LLC 401(k) match · 2024
Employer contribution per active participant$7,010
Median for plans this size$2,416
2024$7,010 per active participant
2023$7,382 per active participant
2022$5,945 per active participant

Tersera Therapeutics LLC's 2024 employer contribution ran above the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$12,612
THE RETIREMENT ADVANTAGE INC$1,700

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$15,697 · 0.09%
2023$12,969 · 0.10%
2022$7,257 · 0.07%
Same employer
Similar plansManufacturing · Illinois
Paxxus, Inc. IL$20.9M · 0.26%
Lmt Onsrud LP IL$20.4M · 0.43%
V & V Supremo Foods, Inc. IL$20.3M · 0.10%
Specialty Promotions, Inc. IL$20.2M · 0.34%
Regis Technologies, Inc. IL$20.0M · 0.02%
Prince Industries LLC IL$19.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811458652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.