Plan Snapshot
- Plan Sponsor: Cerevel Therapeutics LLC
- Sponsor EIN: 831334174
- Sponsor Address: 222 JACOBS STREET, CAMBRIDGE, MA, 02141
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 333 | $43.6M | $5.0M | $7.1M |
| 2023 | 334 | $31.3M | $3.9M | $5.6M |
| 2022 | 298 | $16.7M | $2.8M | $3.9M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Other Service Provider | $5,805 | — | $5,805 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,805
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 |
|---|---|---|---|---|---|
| 2025 | $3,040,944 | — | $2,355 | — | — |
| 2024 | $5,805 | — | $5,805 | — | — |
| 2023 | $3,840 | — | $3,840 | — | — |
| 2022 | $2,205 | — | $2,205 | — | — |