# Ascent Pharmaceuticals INC. 401(k) Plan
Source: https://planprovider.pro/companies/ascent-pharmaceuticals-inc-401k-plan

> Ascent Pharmaceuticals INC.'s 401(k) plan: 478 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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