# Ferring Pharmaceutical INC. 401(k) Plan
Source: https://planprovider.pro/companies/ferring-pharmaceutical-inc-401k-plan

> Ferring Pharmaceutical INC.'s 401(k) plan: 952 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Ferring Pharmaceutical INC.

- **Sponsor EIN:** 541179881

- **Sponsor Address:** 100 INTERPACE PARKWAY, PARSIPPANY, NJ, 07054

- **Plan Type:** 401(k)

- **Total Participants:** 952

- **Total Assets:** $232.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|952|$232.8M|$8.1M|$12.7M|

| 2023|971|$201.7M|$6.5M|$12.4M|

| 2022|980|$160.2M|$6.2M|$10.6M|

## 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|$42,878|—|$42,878|

| RSM US, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [RSM US, LLP](https://planprovider.pro/provider/rsm-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $42,878

- **Estimated Expense Ratio:** 0.018% 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|$42,878|—|—|—|—|

| 2023|$10,700|—|—|—|—|

| 2022|$7,575|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/ferring-pharmaceutical-inc-401k-plan)

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