Plan Snapshot
- Plan Sponsor: Hemosonics, LLC
- Sponsor EIN: 204483346
- Sponsor Address: 4020 STIRRUP CREEK DRIVE, DURHAM, NC, 277038970
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 122
- Total Assets: $12.3M
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. |
|---|---|---|---|---|
| 2025 | 122 | $12.3M | $0 | $0 |
| 2024 | 96 | $10.0M | $672,943 | $1.2M |
| 2023 | 105 | $8.0M | $589,328 | $1.1M |
| 2022 | 95 | $6.1M | $574,196 | $1.0M |
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 |
|---|---|---|---|---|
| MMA SECURITIES | Investment Advisor | $25,000 | — | $25,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $24,845 | — | $24,845 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,845
- Estimated Expense Ratio: 0.404% 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 |
|---|---|---|---|---|---|
| 2025 | $2,342,019 | $26,620 | — | — | — |
| 2024 | $35,178 | $8,334 | — | — | — |
| 2023 | $35,744 | $7,347 | $28,397 | — | — |
| 2022 | $627,717 | — | — | — | — |