Plan Snapshot
- Plan Sponsor: Lexitas Pharma Services, INC.
- Sponsor EIN: 453674982
- Sponsor Address: 5425 PAGE ROAD, SUITE 140, DURHAM, NC, 27703
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $10.1M
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 | 93 | $10.1M | $469,890 | $1.1M |
| 2023 | 156 | $10.3M | $758,225 | $1.8M |
| 2022 | 164 | $8.4M | $522,446 | $1.4M |
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 |
|---|---|---|---|---|
| ALERUS RETIREMENT SOLUTIONS | NONE | $5,978 | — | $5,978 |
| MPCOMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MPCOMPANY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,978
- 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 | $5,978 | — | — | — | — |
| 2023 | $6,037 | — | — | — | — |
| 2022 | — | — | — | — | — |