Plan Ledger DOL Form 5500 · updated monthly

Verrica Pharmaceuticals401(k)

VERRICA PHARMACEUTICALS 401(K) · WEST CHESTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Verrica Pharmaceuticals reported $20,377 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $7,730 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,782nd of 3,651), and 10,827th of 13,661 in manufacturing. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,751,698
Participants with balances165
Active participants102
Employer contributions$788,471
Employee contributions$1,489,690
Employer contribution per active participant$7,730
Average account balance$34,859
Benefits paid to participants$2,212,436
Plan auditUnmodified (clean) audit opinion
AuditorFISCHER CUNNANE & ASSOCIATES LTD
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,377
Total administrative$20,377
The Verrica Pharmaceuticals 401(k) match · 2024
Employer contribution per active participant$7,730
Median for plans this size$1,313

Verrica Pharmaceuticals's 2024 employer contribution ran above the $1,313 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 · 20243
THE VANGUARD GROUP INC · Recordkeeping$3,810
EQUITY SERVICES INC · Investment advisory (plan) · Investment management$13,267
ATLANTIC PENSION SERVICES INC · Contract administrator · Plan administrator$4,000

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

Administrative cost history1
2024$20,377 · 0.42%
Similar plansManufacturing · Pennsylvania
Intellicor, LLC PA$5.8M · 0.01%
Aog LLC dba Trufood Mfg PA$5.8M · 0.91%
Accrotool Inc PA$5.8M · 0.62%
Salem Tube, Inc. PA$5.7M · 0.42%
Dobil Laboratories Inc PA$5.7M · 0.70%
Flagzone, LLC PA$5.6M · 0.45%
Cummings Lumber Co., Inc. PA$5.5M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463137900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.