Plan Snapshot
- Plan Sponsor: Lipocine, INC.
- Sponsor EIN: 841413519
- Sponsor Address: 675 ARAPEEN DR, SALT LAKE CITY, UT, 84108
- Plan Type: 401(k)
- Total Participants: 16
- Total Assets: $4.3M
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 | 16 | $4.3M | $111,892 | $269,853 |
| 2023 | 17 | $3.4M | $103,255 | $229,841 |
| 2022 | 17 | $2.6M | $90,125 | $181,757 |