Plan Snapshot
- Plan Sponsor: Menarini Silicon Biosystems, INC.
- Sponsor EIN: 274036679
- Sponsor Address: 3401 MASONS MILL ROAD, #100, HUNTINGDON VALLEY, PA, 19006
- Plan Type: 401(k)
- Total Participants: 76
- Total Assets: $9.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 76 | $9.1M | $569,454 | $932,521 |
| 2023 | 80 | $7.6M | $381,917 | $724,213 |
| 2022 | 121 | $6.0M | $640,504 | $710,378 |
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 |
|---|---|---|---|---|
| NATIONWIDE | RECORDKEEPER | $36,242 | — | $36,242 |
| INDEPENDENT FINANCIAL GROUP, INC. | INVESTMENT ADVISORY | — | $32,695 | $32,695 |
| EISNERAMPLER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — RECORDKEEPER
- EISNERAMPLER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,937
- Estimated Expense Ratio: 0.758% 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 | $3,645 | — | $3,645 | — | — |
| 2023 | $2,767 | — | $2,767 | — | — |
| 2022 | — | — | — | — | — |