Plan Ledger DOL Form 5500 · updated monthly

Vanda Pharmaceuticals Inc.401(k)

VANDA PHARMACEUTICALS INC. 401(K) PROFIT SHARING PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Vanda Pharmaceuticals Inc. reported $56,773 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,754 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 0.17% to 0.14%. 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 193rd-largest of 618 plans among District of Columbia employers on file, and the 3,489th of 13,661 in manufacturing. In 2024, employees put in $4.02 for every $1.00 the employer contributed; active participation has grown from 279 to 358 since 2022.

Plan summary
Net assets, end of year$43,160,627
Participants with balances491
Active participants358
Employer contributions$986,107
Employee contributions$3,965,607
Employer contribution per active participant$2,754
Average account balance$87,904
Benefits paid to participants$4,008,743
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.2M · 491 accts · $986K emplr
2023$36.7M · 378 accts · $880K emplr
2022$30.2M · 421 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,773
Total administrative$56,773
The Vanda Pharmaceuticals Inc. 401(k) match · 2024
Employer contribution per active participant$2,754
Median for plans this size$2,416
2024$2,754 per active participant
2023$4,515 per active participant
2022$3,655 per active participant

Vanda Pharmaceuticals Inc.'s 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$56,773

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$56,773 · 0.14%
2023$47,436 · 0.14%
2022$54,142 · 0.17%
Same employer
Similar plansManufacturing · District of Columbia
Juul Labs, Inc. DC$149.6M · 0.04%
Supernal, LLC DC$52.4M · 0.18%
John I. Haas, Inc. DC$32.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030491827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.