Plan Snapshot
- Plan Sponsor: Kbi Biopharma, INC.
- Sponsor EIN: 800058312
- Sponsor Address: 1101 HAMLIN ROAD, DURHAM, NC, 27704
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 1,398 | $112.2M | $6.5M | $12.9M |
| 2023 | 1,488 | $90.9M | $6.5M | $12.2M |
| 2022 | 1,604 | $64.2M | $5.3M | $9.9M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $202,924 | — | $202,924 |
| BERNARD ROBINSON & CO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- BERNARD ROBINSON & CO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $202,924
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 |
|---|---|---|---|---|---|
| 2025 | $246,848 | — | — | — | — |
| 2024 | $202,925 | — | — | — | — |
| 2023 | $191,147 | $225 | — | — | — |
| 2022 | $172,005 | — | — | — | — |