Plan Snapshot
- Plan Sponsor: Chiron America, INC.
- Sponsor EIN: 860734600
- Sponsor Address: 10950 WITHERS COVE PARK DR, CHARLOTTE, NC, 28278
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 120
- Total Assets: $14.0M
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. |
|---|---|---|---|---|
| 2025 | 120 | $14.0M | $0 | $0 |
| 2024 | 82 | $12.2M | $190,135 | $703,646 |
| 2023 | 84 | $10.7M | $196,676 | $714,729 |
| 2022 | 80 | $8.7M | $165,001 | $615,057 |
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 |
|---|---|---|---|---|
| KESTRA INVESTMENT SERVICES LLC | Investment Advisor | $23,275 | — | $23,275 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $22,925 | — | $22,925 |
| WEALTHSPIRE RETIREMENT ADVISORY | Investment Advisor | $8,630 | — | $8,630 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,830
- Estimated Expense Ratio: 0.393% 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 |
|---|---|---|---|---|---|
| 2025 | $1,619,458 | $31,905 | — | — | — |
| 2024 | $47,741 | $27,484 | — | — | — |
| 2023 | $40,867 | $23,226 | — | — | — |
| 2022 | $38,200 | — | — | — | — |