Plan Snapshot
- Plan Sponsor: Noven Pharmaceuticals, INC.
- Sponsor EIN: 592767632
- Sponsor Address: 11960 SOUTHWEST 144 STREET, MIAMI, FL, 331866109
- Plan Type: 401(k)
- Total Participants: 336
- Total Assets: $61.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 336 | $61.9M | $934,234 | $2.6M |
| 2023 | 296 | $55.1M | $822,989 | $2.4M |
| 2022 | 275 | $49.4M | $824,211 | $2.4M |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — 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 | $74,781 | $50,000 | — | — | — |
| 2023 | $86,031 | $50,000 | $12,092 | — | — |
| 2022 | $91,186 | $50,000 | $27,789 | — | $13,397 |