Plan Snapshot
- Plan Sponsor: Connect Biopharma
- Sponsor EIN: 454564443
- Sponsor Address: 3580 CARMEL MOUNTAIN ROAD, SAN DIEGO, CA, 92130
- Plan Type: 401(k)
- Total Participants: 24
- Total Assets: $2.3M
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 | 24 | $2.3M | $267,158 | $431,262 |
| 2023 | 31 | $1.6M | $193,220 | $390,831 |
| 2022 | 34 | $733,662 | $91,133 | $447,239 |