Plan Snapshot
- Plan Sponsor: Embecta Corp
- Sponsor EIN: 871583942
- Sponsor Address: 300 KIMBALL DRIVE, PARSIPANNY, NJ, 07054
- Plan Type: 401(k)
- Total Participants: 854
- Total Assets: $163.1M
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 | 854 | $163.1M | $9.4M | $10.8M |
| 2023 | 938 | $135.4M | $8.9M | $9.6M |
| 2022 | 920 | $106.9M | $6.9M | $5.4M |
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 |
|---|---|---|---|---|
| ERNST & YOUNG LLP | Auditor | $72,245 | — | $72,245 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,245
- Estimated Expense Ratio: 0.044% 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 | $209,899 | $16,126 | — | $72,245 | — |
| 2023 | $277,416 | $13,023 | $300 | $55,977 | — |
| 2022 | $141,828 | $8,980 | — | — | — |