Plan Snapshot
- Plan Sponsor: Bausch Health Companies INC.
- Sponsor EIN: 980448205
- Sponsor Address: 400 SOMERSET CORP. BLVD., BRIDGEWATER, NJ, 08807
- Plan Type: 401(k)
- Total Participants: 1,867
- Total Assets: $691.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,867 | $691.0M | $10.0M | $22.7M |
| 2023 | 1,796 | $649.6M | $10.4M | $22.4M |
| 2022 | 1,777 | $572.5M | $9.6M | $20.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $272,425 | — | $272,425 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $172,345 | — | $172,345 |
| CAPTRUST | INVESTMENT ADVISOR | $52,659 | — | $52,659 |
| INSERO&CO | ACCOUNTANT/AUDITOR | $32,600 | — | $32,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- CAPTRUST — INVESTMENT ADVISOR
- INSERO&CO — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $530,029
- Estimated Expense Ratio: 0.077% 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 | $530,029 | $225,004 | $1,500 | $32,600 | — |
| 2023 | $615,049 | $284,561 | $1,800 | $26,800 | — |
| 2022 | $524,540 | $235,678 | — | — | — |