Plan Ledger DOL Form 5500 · updated monthly

Theravance Biopharma U.S., Inc.401(k)

THERAVANCE BIOPHARMA U.S., INC. 401(K) PLAN · SOUTH SAN FRANCISCO, CA · plan year 2025

Reported admin expense ratio · 2025
0.03%

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

Theravance Biopharma U.S., Inc. reported $24,112 in plan administrative expenses for 2025: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,865 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 fell from 0.04% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,052nd-largest of 9,483 plans among California employers on file, and the 1,598th of 11,654 in professional & technical services. In 2025, employees put in $5.40 for every $1.00 the employer contributed; active participation has shrunk from 107 to 85 since 2022.

Plan summary
Net assets, end of year$94,448,275
Participants with balances324
Active participants85
Employer contributions$413,565
Employee contributions$2,234,431
Employer contribution per active participant$4,865
Average account balance$291,507
Benefits paid to participants$4,479,977
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$94.4M · 324 accts · $414K emplr
2024$82.0M · 355 accts · $431K emplr
2023$75.2M · 378 accts · $478K emplr
2022$65.9M · 425 accts · $636K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$9,063
Investment management$7,049
Audit (IQPA)$8,000
Total administrative$24,112
The Theravance Biopharma U.S., Inc. 401(k) match · 2025
Employer contribution per active participant$4,865
Median for plans this size$4,093
2025$4,865 per active participant
2024$4,350 per active participant
2023$5,034 per active participant
2022$5,941 per active participant

Theravance Biopharma U.S., Inc.'s 2025 employer contribution ran above the $4,093 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,031
MILLER KAPLAN ARASE LLP · Accounting / audit$8,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,049

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

Administrative cost history4
2025$24,112 · 0.03%
2024$34,034 · 0.04%
2023$18,336 · 0.03%
2022$29,567 · 0.04%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 463451245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.