Plan Snapshot
- Plan Sponsor: Adma Biologics, INC.
- Sponsor EIN: 562590442
- Sponsor Address: 5800 PARK OF COMMERCE BLVD. NW, BOCA RATON, FL, 33487
- Plan Type: 401(k)
- Total Participants: 653
- Total Assets: $32.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 653 | $32.6M | $1.5M | $2.8M |
| 2023 | 612 | $27.1M | $1.3M | $2.5M |
| 2022 | 596 | $20.7M | $1.3M | $2.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $142,802 | — | $142,802 |
| CADARET, GRANT & CO., INC. | Investment Advisor | — | $84,378 | $84,378 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $227,180
- Estimated Expense Ratio: 0.698% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $142,802 | — | — | — | — |
| 2023 | $133,944 | — | — | — | — |
| 2022 | $137,891 | — | — | — | — |