Plan Snapshot
- Plan Sponsor: Amarin Pharma INC.
- Sponsor EIN: 261285275
- Sponsor Address: 440 ROUTE 22 E SUITE 300, BRIDGEWATER, NJ, 08807
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 293
- Total Assets: $24.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 293 | $24.6M | $0 | $0 |
| 2024 | 61 | $23.7M | $0 | $1.2M |
| 2023 | 70 | $26.2M | $432,694 | $2.0M |
| 2022 | 182 | $28.5M | $813,547 | $3.4M |
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 |
|---|---|---|---|---|
| PATRIOT BENEFIT SOLUTIONS INSURANCE | Other Service Provider | $60,264 | — | $60,264 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $42,285 | — | $42,285 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $23,035 | — | $23,035 |
| CARON & BLETZER, PLLC | Auditor | $13,250 | — | $13,250 |
| LEAFHOUSE FINANCIAL ADVISORS, LLC | Investment Advisor | $12,054 | — | $12,054 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,888
- Estimated Expense Ratio: 0.612% 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 |
|---|---|---|---|---|---|
| 2025 | $3,558,707 | $35,089 | — | $13,250 | — |
| 2024 | $109,714 | $35,364 | — | $12,500 | — |
| 2023 | $114,414 | $44,230 | — | — | — |
| 2022 | $137,113 | $137,113 | — | — | — |