Plan Snapshot
- Plan Sponsor: Incyte Corporation
- Sponsor EIN: 943136539
- Sponsor Address: 1801 AUGUSTINE CUT-OFF, WILMINGTON, DE, 19803
- Plan Type: 401(k)
- Total Participants: 1,903
- Total Assets: $513.0M
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 | 1,903 | $513.0M | $20.6M | $36.2M |
| 2023 | 1,781 | $413.6M | $18.3M | $31.6M |
| 2022 | 1,645 | $322.6M | $15.7M | $27.0M |
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 |
|---|---|---|---|---|
| TORRILLO & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TORRILLO & ASSOCIATES, LLC — Auditor
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 | $12,245 | — | — | — | — |
| 2023 | $10,208 | — | — | — | — |
| 2022 | $9,447 | — | — | — | — |