Plan Snapshot
- Plan Sponsor: Octapharma Plasma, INC.
- Sponsor EIN: 200561852
- Sponsor Address: 10644 WESTLAKE DRIVE, CHARLOTTE, NC, 28273
- Plan Type: 401(k)
- Total Participants: 4,388
- Total Assets: $106.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 4,388 | $106.1M | $10.2M | $14.8M |
| 2023 | 4,957 | $83.6M | $8.4M | $13.6M |
| 2022 | 4,512 | $59.0M | $6.0M | $10.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $653,408 | — | $653,408 |
| RETIREMENT PLAN ADMINISTRATORS, LLC | Recordkeeper | $231,591 | $12,605 | $244,196 |
| MARIETTA WEALTH MANAGEMENT LLC | Investment Advisor | $134,332 | $153 | $134,485 |
| ASCENSUS | Recordkeeper | $51,199 | $157 | $51,356 |
| RETIREMENT PLAN ADMINISTRATORS, LLC | Recordkeeper | $29,230 | $105 | $29,335 |
| ASCENSUS | Recordkeeper | $75 | $12,500 | $12,575 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,125,355
- Estimated Expense Ratio: 1.061% 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 | $1,081,819 | $134,332 | $947,487 | — | — |
| 2023 | $662,528 | $94,579 | $567,949 | — | — |
| 2022 | $523,441 | — | $442,981 | — | — |