Plan Snapshot
- Plan Sponsor: Ascent Pharmaceuticals INC.
- Sponsor EIN: 453542806
- Sponsor Address: 400 SOUTH TECHNOLOGY DRIVE, CENTRAL ISLIP, NY, 11722
- Plan Type: 401(k)
- Total Participants: 478
- Total Assets: $11.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 478 | $11.1M | $887,455 | $1.3M |
| 2023 | 354 | $7.8M | $653,627 | $947,042 |
| 2022 | 351 | $5.6M | $598,585 | $894,476 |
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 |
|---|---|---|---|---|
| PASCALE, RAZZINO, ALEXANDERSON & CO | 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 | $7,959 | — | $3,104 | — | — |
| 2023 | $7,353 | — | $3,484 | — | — |
| 2022 | $5,034 | — | $1,859 | — | — |