Plan Snapshot
- Plan Sponsor: Hengrui Usa Ltd
- Sponsor EIN: 020762162
- Sponsor Address: 400 ALEXANDER PARK FL 3, PRINCETON, NJ, 08540
- Plan Type: 401(k)
- Total Participants: 34
- Total Assets: $10.8M
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 | 34 | $10.8M | $249,716 | $581,566 |
| 2023 | 23 | $10.0M | $291,445 | $570,678 |
| 2022 | 34 | $8.7M | $750,208 | $1.6M |
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 |
|---|---|---|---|---|
| THE MEGLIO GROUP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $4,342 | $8 | — | — | — |
| 2023 | $5,344 | $1,099 | — | — | — |
| 2022 | $7,656 | $1,317 | — | — | — |