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 |
|---|---|---|---|---|
| SOCORRO PARTNERS CPAS & ADVISORSLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | — | — | — | — |