Plan Snapshot
- Plan Sponsor: Molecular Designs Acquisitions, LLC
- Sponsor EIN: 872773077
- Sponsor Address: 2 PERIMETER PARK SOUTH SUITE 200 W, BIRMINGHAM, AL, 35243
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $5.2M
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 | 104 | $5.2M | $434,170 | $555,354 |
| 2023 | 122 | $4.2M | $349,344 | $817,130 |
| 2022 | 125 | $2.8M | $304,468 | $659,970 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | $17,842 | $12,547 | — | — | — |
| 2023 | $11,633 | $8,800 | — | — | — |
| 2022 | $3,222 | — | $3,222 | — | — |