Plan Snapshot
- Plan Sponsor: Kowa Pharmaceuticals America, INC.
- Sponsor EIN: 201414357
- Sponsor Address: 530 INDUSTRIAL PARK BLVD, MONTGOMERY, AL, 36117
- Plan Type: 401(k)
- Total Participants: 215
- Total Assets: $37.5M
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 | 215 | $37.5M | $716,461 | $2.0M |
| 2023 | 255 | $35.6M | $878,207 | $2.7M |
| 2022 | 316 | $32.0M | $772,969 | $2.8M |
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 |
|---|---|---|---|---|
| WARREN AVERETT, LLC | SERVICE PROVIDER | $36,775 | — | $36,775 |
| MURFEE MEADOWS, INC. | THIRD PARTY ADMINISTRATO | — | $17,796 | $17,796 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,571
- Estimated Expense Ratio: 0.145% 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 | $55,632 | — | $18,857 | $36,775 | — |
| 2023 | $14,330 | — | $14,330 | — | — |
| 2022 | $12,224 | — | $12,224 | — | — |