Plan Snapshot
- Plan Sponsor: Ipsen Biopharmaceuticals, INC
- Sponsor EIN: 260042539
- Sponsor Address: 200 CONNELL DRIVE, SUITE 1000, BERKELEY HEIGHTS, NJ, 07922
- Plan Type: 401(k)
- Total Participants: 683
- Total Assets: $205.8M
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 | 683 | $205.8M | $16.0M | $13.9M |
| 2023 | 692 | $165.9M | $14.5M | $13.9M |
| 2022 | 622 | $125.0M | $11.7M | $10.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $65,648 | — | $65,648 |
| MOSS ADAMS LLP | ACCOUNTANT/AUDITOR | $28,250 | — | $28,250 |
| BAKER TILLY US, LLP | Auditor | $28,250 | — | $28,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MOSS ADAMS LLP — ACCOUNTANT/AUDITOR
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,148
- Estimated Expense Ratio: 0.059% 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 | $93,898 | — | — | $28,250 | — |
| 2023 | $92,432 | — | $1,200 | — | — |
| 2022 | $118,753 | — | — | — | — |