Plan Snapshot
- Plan Sponsor: Fulgent Therapeutics LLC
- Sponsor EIN: 320400050
- Sponsor Address: 4399 SANTA ANITA AVE, EL MONTE, CA, 91731
- Plan Type: 401(k)
- Total Participants: 1,139
- Total Assets: $108.9M
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 | 1,139 | $108.9M | $3.7M | $7.7M |
| 2023 | 1,077 | $90.3M | $3.1M | $7.1M |
| 2022 | 912 | $22.7M | $1.6M | $3.9M |
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 | $100,816 | — | $100,816 |
| RAYMOND JAMES AND ASSOCIATES INC. | INVESTMENT ADVISORY | $50,000 | — | $50,000 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES AND ASSOCIATES INC. — INVESTMENT ADVISORY
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,816
- Estimated Expense Ratio: 0.139% 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 | $101,167 | — | $101,167 | — | — |
| 2023 | $173,942 | — | $169,082 | — | — |
| 2022 | $72,040 | — | — | — | — |