Plan Snapshot
- Plan Sponsor: Dr Reddy'S Laboratories INC.
- Sponsor EIN: 223181573
- Sponsor Address: 600 COLLEGE ROAD EAST, PRINCETON, NJ, 08540
- Plan Type: 401(k)
- Total Participants: 409
- Total Assets: $86.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 409 | $86.7M | $2.8M | $4.2M |
| 2023 | 385 | $77.7M | $2.6M | $3.8M |
| 2022 | 423 | $64.8M | $2.0M | $3.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $62,464 | — | $62,464 |
| ALLIANT | INVESTMENT ADVISOR | $43,750 | — | $43,750 |
| FORVIS MAZARS, LLP | ACCOUNTANT/AUDITOR | $23,920 | — | $23,920 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $13,797 | — | $13,797 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- FORVIS MAZARS, LLP — ACCOUNTANT/AUDITOR
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,931
- Estimated Expense Ratio: 0.166% 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 | $185,399 | $13,797 | $1,500 | $23,920 | — |
| 2023 | $114,084 | $10,639 | — | $23,920 | — |
| 2022 | $137,079 | $9,951 | — | — | — |