# Ascensia Diabetes Care Us INC. 401(k) Plan
Source: https://planprovider.pro/companies/ascensia-diabetes-care-us-inc-401k-plan-002

> Ascensia Diabetes Care Us INC.'s 401(k) plan: 592 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Ascensia Diabetes Care Us INC.

- **Sponsor EIN:** 383977425

- **Sponsor Address:** 5 WOOD HOLLOW RD., PARSIPPANY, NJ, 07054

- **Plan Type:** 401(k)

- **Total Participants:** 592

- **Total Assets:** $94.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|592|$94.0M|$3.0M|$4.7M|

| 2023|608|$86.0M|$2.9M|$4.7M|

| 2022|607|$71.3M|$3.0M|$4.8M|

## 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|

| THE VANGUARD GROUP, INC.|NONE|$103,881|—|$103,881|

| SIKICH CPA LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [THE VANGUARD GROUP, INC.](https://planprovider.pro/provider/the-vanguard-group-inc) — NONE

- [SIKICH CPA LLC](https://planprovider.pro/provider/sikich-cpa-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $103,881

- **Estimated Expense Ratio:** 0.111% 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|$101,131|—|—|—|—|

| 2023|$97,069|—|—|—|—|

| 2022|$90,684|—|—|—|—|

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