Plan Snapshot
- Plan Sponsor: Hutchmed International Corporation
- Sponsor EIN: 352589406
- Sponsor Address: 25A HANOVER ROAD SUITE 340, FLORHAM PARK, NJ, 07932
- Plan Type: 401(k)
- Total Participants: 20
- Total Assets: $7.6M
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 | 20 | $7.6M | $365,604 | $696,054 |
| 2023 | 49 | $8.5M | $733,571 | $1.4M |
| 2022 | 146 | $6.9M | $1.5M | $2.3M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL | INVESTMENT ADVISOR | $39,836 | — | $39,836 |
| ROSENBERG RICH BAKER BERMAN, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROSENBERG RICH BAKER BERMAN, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,836
- Estimated Expense Ratio: 0.521% 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 | $45,709 | $41,725 | — | — | — |
| 2023 | $43,278 | $39,488 | — | — | — |
| 2022 | — | — | — | — | — |