Plan Ledger DOL Form 5500 · updated monthly

US Pharma Lab, Inc.401(k)

US PHARMA LAB, INC. 401(K) PLAN · NORTH BRUNSWICK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

US Pharma Lab, Inc. reported $29,122 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,518 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 0.66% to 0.29%. 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 among the smaller plans on file in New Jersey (1,443rd of 2,419), and 7,611th of 11,654 in professional & technical services. In 2024, employees put in $2.90 for every $1.00 the employer contributed; active participation has grown from 261 to 336 since 2022.

Plan summary
Net assets, end of year$11,267,924
Participants with balances239
Active participants336
Employer contributions$510,061
Employee contributions$1,480,886
Employer contribution per active participant$1,518
Average account balance$47,146
Benefits paid to participants$1,109,444
Plan auditUnmodified (clean) audit opinion
AuditorRAM ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 239 accts · $510K emplr
2023$9.0M · 244 accts · $532K emplr
2022$5.9M · 223 accts · $390K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,122
Total administrative$29,122
The US Pharma Lab, Inc. 401(k) match · 2024
Employer contribution per active participant$1,518
Median for plans this size$2,416
2024$1,518 per active participant
2023$1,921 per active participant
2022$1,492 per active participant

US Pharma Lab, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
AXA ADVISORS, LLC · Recordkeeping · Trustee$6,701
ADP, INC. · Loan processing · Recordkeeping$5,701

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

Recordkeeper by year2
2024ADP, AXA ADVISORS, LLC
2023EQUITABLE LIFE INSURANCE CO

This plan has changed recordkeepers within these filings. If you left US Pharma Lab, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$29,122 · 0.29%
2023$45,928 · 0.62%
2022$37,269 · 0.66%
Same employer
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Scarinci & Hollenbeck, LLC NJ$11.5M · 0.21%
Mindlance Inc NJ$11.4M · 0.63%
South Jersey Legal Services NJ$10.9M · 0.10%
Weiner Law Group LLP NJ$10.8M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223662154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.