Plan Ledger DOL Form 5500 · updated monthly

Translational Drug Development, LLC401(k)

TD2 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Translational Drug Development, LLC reported $73,372 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,680 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 0.71% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 478th-largest of 1,285 plans among Arizona employers on file, and 6,957th of 11,654 in professional & technical services. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,492,175
Participants with balances221
Active participants167
Employer contributions$1,115,487
Employee contributions$1,535,909
Employer contribution per active participant$6,680
Average account balance$61,051
Benefits paid to participants$1,645,059
Plan auditUnmodified (clean) audit opinion
AuditorWALLACE, PLESE + DREHER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 221 accts · $1.1M emplr
2023$10.3M · 218 accts · $1000K emplr
2022$8.1M · 204 accts · $855K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,278
Investment management$30,424
Total administrative$73,372
The Translational Drug Development, LLC 401(k) match · 2024
Employer contribution per active participant$6,680
Median for plans this size$2,416
2024$6,680 per active participant
2023$5,714 per active participant
2022$5,057 per active participant

Translational Drug Development, 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,289
WELLS FARGO ADVISORS FINANCIAL ADVI · Investment advisory (participants)$30,424

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,372 · 0.62%
2023$65,652 · 0.71%
2022$57,712 · 0.71%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 464150915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.