Plan Snapshot
- Plan Sponsor: Contract Pharmacal Corporation
- Sponsor EIN: 112333297
- Sponsor Address: 135 ADAMS AVENUE, HAUPPAUGE, NY, 11788
- Plan Type: 401(k)
- Total Participants: 371
- Total Assets: $24.0M
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. |
|---|---|---|---|---|
| 2024 | 371 | $24.0M | $621,100 | $2.0M |
| 2023 | 360 | $19.8M | $579,837 | $1.8M |
| 2022 | 395 | $16.8M | $572,314 | $1.8M |
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 |
|---|---|---|---|---|
| CONTRACT PHARMACAL CORP | OTHER | $72,744 | — | $72,744 |
| GRASSI & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRASSI & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,744
- Estimated Expense Ratio: 0.303% 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 | $73,434 | — | — | — | — |
| 2023 | $1,293 | — | — | — | — |
| 2022 | $3,528 | — | $3,528 | — | — |