Plan Snapshot
- Plan Sponsor: Krystal Biotech, INC.
- Sponsor EIN: 821080209
- Sponsor Address: 2100 WHARTON ST, PITTSBURGH, PA, 15203
- Plan Type: 401(k)
- Total Participants: 244
- Total Assets: $15.8M
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 | 244 | $15.8M | $1.3M | $2.9M |
| 2023 | 227 | $9.9M | $1.2M | $2.8M |
| 2022 | 195 | $5.2M | $795,108 | $1.7M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $21,433 | — | $21,433 |
| FIDELITY INVESTMT INST OP CO | RECORDKEEPER | $13,458 | — | $13,458 |
| H2R CPA | ACCOUNTANT/ AUDITOR | $6,612 | — | $6,612 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
- FIDELITY INVESTMT INST OP CO — RECORDKEEPER
- H2R CPA — ACCOUNTANT/ AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,503
- Estimated Expense Ratio: 0.263% 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 | $35,309 | $21,433 | $300 | $418 | — |
| 2023 | $70,742 | — | $1,625 | — | — |
| 2022 | $29,426 | — | $29,426 | — | — |