Plan Snapshot
- Plan Sponsor: Bavarian Nordic, INC.
- Sponsor EIN: 202561827
- Sponsor Address: 1005 SLATER DRIVE, SUITE 101, DURHAM, NC, 27703
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $14.8M
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 | 115 | $14.8M | $886,975 | $1.9M |
| 2023 | 196 | $10.8M | $510,818 | $1.0M |
| 2022 | 81 | $6.8M | $207,276 | $480,990 |
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 |
|---|---|---|---|---|
| RUSSON + JOHNSTON CPAS | 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 | $24,750 | $3,467 | $21,283 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |