Plan Snapshot
- Plan Sponsor: Octapharma Usa, INC.
- Sponsor EIN: 753113527
- Sponsor Address: 117 WEST CENTURY RD., PARAMUS, NJ, 07652
- Plan Type: 401(k)
- Total Participants: 164
- Total Assets: $29.8M
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 | 164 | $29.8M | $1.7M | $2.4M |
| 2023 | 147 | $23.1M | $1.4M | $2.0M |
| 2022 | 130 | $17.3M | $1.1M | $1.6M |
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 | CONTRACT ADMINISTRATOR | $89,207 | — | $89,207 |
| MARIETTA WEALTH MANAGEMENT | INVESTMENT ADVISORY | — | $53,613 | $53,613 |
| RETIREMENT PLAN ADMINISTRATORS | CONTRACT ADMINISTRATOR | $1,700 | $6,920 | $8,620 |
| ASCENSUS | CONTRACT ADMINISTRATOR | $1,475 | $5,960 | $7,435 |
| ANDERSON SMITH & WIKE PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS — CONTRACT ADMINISTRATOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $158,875
- Estimated Expense Ratio: 0.533% 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 | $92,382 | — | $92,382 | — | — |
| 2023 | $68,180 | — | $68,180 | — | — |
| 2022 | $61,474 | — | $61,474 | — | — |