Plan Snapshot
- Plan Sponsor: Lifesci Advisors
- Sponsor EIN: 272268279
- Sponsor Address: 250 W 55TH ST STE 3401, NEW YORK, NY, 100199710
- Plan Type: DC
- Total Participants: 352
- Total Assets: $12.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 352 | $12.6M | $0 | $2.6M |
| 2023 | 362 | $9.3M | $0 | $2.7M |
| 2022 | 392 | $6.4M | $0 | $2.3M |
| 2021 | 325 | $4.7M | $0 | $0 |
| 2020 | 198 | $2.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| RYAN + MANN LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RYAN + MANN LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $45,171 | $538 | $44,633 | — | — |
| 2023 | $36,773 | $491 | $36,282 | — | — |
| 2022 | $35,011 | $338 | $34,673 | — | — |
| 2021 | $25,094 | $238 | $24,856 | — | — |
| 2020 | $13,622 | $98 | $13,524 | — | — |