Plan Snapshot
- Plan Sponsor: Cornerstone Biopharma, INC.
- Sponsor EIN: 201008797
- Sponsor Address: 175 REGENCY WOODS PLACE, SUITE 600, CARY, NC, 27518
- Plan Type: 401(k)
- Total Participants: 496
- Total Assets: $85.5M
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 | 496 | $85.5M | $4.1M | $8.0M |
| 2023 | 385 | $58.9M | $3.0M | $6.1M |
| 2022 | 356 | $46.5M | $2.7M | $5.5M |
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 |
|---|---|---|---|---|
| ROMEO, WIGGINS & COMPANY, LLP | 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 | $232,311 | $38,680 | — | — | — |
| 2023 | $162,946 | $30,470 | — | — | — |
| 2022 | $170,335 | $170,335 | — | — | — |