Plan Ledger DOL Form 5500 · updated monthly

The United States Pharmacopeial Convention401(k)

THE UNITED STATES PHARMACOPEIAL CONVENTION 401(K) SAVINGS PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

The United States Pharmacopeial Convention reported $201,233 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $15,359 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 3 years on file its reported administrative ratio has held roughly steady near 0.063%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 52nd-largest of 1,671 plans among Maryland employers on file, and the 167th of 3,091 in educational services. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$344,202,306
Participants with balances1,183
Active participants871
Employer contributions$13,377,979
Employee contributions$11,994,695
Employer contribution per active participant$15,359
Average account balance$290,957
Benefits paid to participants$19,229,315
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$344.2M · 1,183 accts · $13.4M emplr
2023$297.5M · 1,186 accts · $12.1M emplr
2022$242.7M · 1,110 accts · $11.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$201,233
Total administrative$201,233
The The United States Pharmacopeial Convention 401(k) match · 2024
Employer contribution per active participant$15,359
Median for plans this size$4,294
2024$15,359 per active participant
2023$13,594 per active participant
2022$13,099 per active participant

The United States Pharmacopeial Convention'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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$201,233
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$201,233 · 0.06%
2023$165,936 · 0.06%
2022$165,394 · 0.06%
Same employer
Similar plansEducational Services · Maryland
Loyola University Maryland MD$441.4M · 0.05%
2U, Inc. MD$195.2M · 0.10%
Goucher College MD$154.1M · 0.01%
American Physical Society MD$142.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131656692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.