Plan Snapshot
- Plan Sponsor: Cytosorbents Medical, INC.
- Sponsor EIN: 204496406
- Sponsor Address: 305 COLLEGE RD E, PRINCETON, NJ, 08540
- Plan Type: 401(k)
- Total Participants: 71
- Total Assets: $7.3M
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 | 71 | $7.3M | $450,909 | $834,060 |
| 2023 | 92 | $6.3M | $405,214 | $927,600 |
| 2022 | 99 | $5.1M | $444,076 | $995,799 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $38,307 | — | $38,307 |
| MAI CAPITAL MANAGEMENT, LLC | INVESTMENT ADVISORY | — | $12,187 | $12,187 |
| ROYAL ALLIANCE ASSOCIATES, INC. | INVESTMENT ADVISORY | — | $5,769 | $5,769 |
| HILL, BARTH & KING | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROYAL ALLIANCE ASSOCIATES, INC. — INVESTMENT ADVISORY
- HILL, BARTH & KING — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,263
- Estimated Expense Ratio: 0.769% 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 | $38,307 | — | $38,307 | — | — |
| 2023 | $38,717 | — | $38,717 | — | — |
| 2022 | $38,257 | — | $38,257 | — | — |