Sun Pharmaceutical Industries, Inc. 401(k) Review & Grade
Sun Pharmaceutical Industries, Inc. 401(k) Plan
Princeton, NJManufacturing774 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$11,393Employer $ per active participant
$27,003Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$308.6MNet plan assets, end of year
–Average balance per account
Score breakdown
- Employer generosity49.0 / 5098th percentile for employer $ per participant
- Low cost23.2 / 2593th percentile for low admin cost vs. same-size plans
- Employee saving15.0 / 15100th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score97 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 93th |
| Employee saving | 100th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Sun Pharmaceutical Industries put in about $11,393 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $8,818,315 |
| Participant (employee) contributions | $20,899,971 |
| Other contributions (incl. rollovers in) | $4,604,213 |
| Administrative expenses paid from the plan | $82,103 |
| Contract administrator fees | $17,461 |
| Other admin expenses | $17,749 |
| Benefits paid out | $47,893,354 |
| Net assets, start / end of year | $225.3M / $308.6M |
| Active participants, start / end of year | 1,477 / 71 |
| Participants with account balances | 0 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | NPD Group CPA, P.C. |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $82,103 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015124903NAL0006138240001, received 2025-10-15, EIN 38-2505723, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.