Plan Snapshot
- Plan Sponsor: Heritage Pharma Holdings, INC. D/B/A Avet Pharmaceuticals Holdings INC
- Sponsor EIN: 264613066
- Sponsor Address: 21 COTTERS LANE, EAST BRUNSWICK, NJ, 088162050
- Plan Type: 401(k)
- Total Participants: 216
- Total Assets: $16.5M
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 | 216 | $16.5M | $684,055 | $1.7M |
| 2023 | 214 | $13.3M | $642,076 | $1.6M |
| 2022 | 203 | $10.4M | $619,265 | $1.5M |
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 |
|---|---|---|---|---|
| CBIZ INVESTMENT ADVISORY SERVICES | Investment Advisor | $45,628 | — | $45,628 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $43,604 | — | $43,604 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $6,251 | — | $6,251 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,483
- Estimated Expense Ratio: 0.579% 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 | $95,483 | $51,879 | — | — | — |
| 2023 | $76,981 | $54,378 | — | — | — |
| 2022 | $72,647 | $2,595 | — | — | — |