Plan Snapshot
- Plan Sponsor: Assertio Management, LLC
- Sponsor EIN: 850772867
- Sponsor Address: 100 S SAUNDERS RD STE 300, LAKE FOREST, IL, 600452508
- Plan Type: 401(k)
- Total Participants: 57
- Total Assets: $17.3M
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. |
|---|---|---|---|---|
| 2024 | 57 | $17.3M | $607,275 | $1.1M |
| 2023 | 81 | $16.1M | $428,394 | $767,550 |
| 2022 | 29 | $14.8M | $181,293 | $353,140 |
| 2021 | 21 | $17.9M | $0 | $0 |
| 2020 | 123 | $21.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — Auditor
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 | $67,461 | — | $67,461 | — | — |
| 2023 | $58,296 | — | $58,296 | — | — |
| 2022 | $63,233 | — | $63,233 | — | — |
| 2021 | $83,846 | — | $83,846 | — | — |
| 2020 | $89,044 | — | $89,044 | — | — |