Employers › Incyte
Recordkeeping fees per participant · Incyte Corporation 401(k) Plan · plan year 2024
$5.41
Higher than 6% of the 1,697 plans $250M to 1B that report it.
= $12,245 / 2,263
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250603075217NAL0007091011001, received 2025-06-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250603075217NAL0007091011001, received 2025-06-03
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-03.
Administrative expenses excluding investment management, per participant
$5.41
Higher than 3% of the 2,324 plans $250M to 1B that report it.
= $12,245 / 2,263
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250603075217NAL0007091011001, received 2025-06-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250603075217NAL0007091011001, received 2025-06-03
Administrative expenses per participant
$5.41
Higher than 2% of the 2,405 plans $250M to 1B that report it.
= $12,245 / 2,263
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250603075217NAL0007091011001, received 2025-06-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250603075217NAL0007091011001, received 2025-06-03
Administrative expenses as a share of assets
0.002%
Higher than 2% of the 2,407 plans $250M to 1B that report it.
= $12,245 / $512,985,927
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250603075217NAL0007091011001, received 2025-06-03
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250603075217NAL0007091011001, received 2025-06-03
Employer contributions per participant
$9,087
Higher than 92% of the 2,457 plans $250M to 1B that report it.
= $20,564,735 / 2,263
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250603075217NAL0007091011001, received 2025-06-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250603075217NAL0007091011001, received 2025-06-03
Employer share of total contributions
33.0%
Higher than 56% of the 2,459 plans $250M to 1B that report it.
= $20,564,735 / $62,325,823
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250603075217NAL0007091011001, received 2025-06-03
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250603075217NAL0007091011001, received 2025-06-03
Plan terms are described in Incyte Corporation's SEC filings: Form 10-K filed 2026-02-10. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250603075217NAL0007091011001, received 2025-06-03
| Field | Value | Source |
|---|---|---|
| Plan sponsor | INCYTE CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Plan name | INCYTE CORPORATION 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Sponsor EIN / plan number | 94-3136539 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Sponsor location | WILMINGTON, DE | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Industry (business code) | 541700, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Filing received | 2025-06-03 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Participants, beginning of year | 2,314 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Active participants | 1,903 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Participants, end of year | 2,406 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Participants with an account balance | 2,263 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Total assets, beginning of year | $413,606,189 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Total assets, end of year | $512,985,927 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Net assets, end of year | $512,985,927 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Total income | $121,930,218 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Net income | $99,379,738 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Employer contributions | $20,564,735 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Participant contributions | $36,204,234 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Other contributions (incl. rollovers) | $5,556,854 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Total contributions | $62,325,823 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Benefit payments | $22,533,943 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Total expenses (incl. benefit payments) | $22,550,480 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Total administrative expenses | $12,245 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Recordkeeping fees | $12,245 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Administrative expenses excluding investment management | $12,245 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Held in common/collective trusts | $69,055,131 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Held in mutual funds | $441,995,284 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250603075217NAL0007091011001, received 2025-06-03 |
| Independent auditor | TORRILLO & ASSOCIATES, LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250603075217NAL0007091011001, received 2025-06-03 |
Position = column in the DOL layout for form year 2024. Filing 20250603075217NAL0007091011001, received 2025-06-03.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONSrecordkeeper | RECORDKEEPER | 12 Claims processing; 15 Recordkeeping and information management; 28 Investment management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 54 Sales loads (front end and deferred); 59 Shareholder servicing fees; 61 Finders fees / placement fees; 62 Float revenue; 63 Distribution (12b-1) fees; 64 Recordkeeping fees; 65 Account maintenance fees | $12,245 | yes |
| NATIONAL FINANCIAL SERVICES | SECURITIES BROKER | 33 Securities brokerage; 71 Securities brokerage commissions and fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250603075217NAL0007091011001, received 2025-06-03.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $413,606,189 | $512,985,927 | 24.0% |
| Participants with a balance | 2,247 | 2,263 | 0.7% |
| Administrative expenses | $10,208 | $12,245 | 20.0% |
| Recordkeeping fees per participant | $4.54 | $5.41 | 19.1% |
| Employer contributions | $18,329,583 | $20,564,735 | 12.2% |
Prior filing 20240604145757NAL0031536096003, received 2024-06-04; the plan years are contiguous.
Sponsor name as filed: INCYTE CORPORATION; SEC registrant: INCYTE CORP (CIK 879169, matched by EIN; display name from the Form 10-K cover).