# Paratek Pharmaceuticals, INC. 401(k) Plan
Source: https://planprovider.pro/companies/paratek-pharmaceuticals-inc-401k-plan

> Paratek Pharmaceuticals, INC.'s 401(k) plan: 322 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Paratek Pharmaceuticals, INC.

- **Sponsor EIN:** 330960223

- **Sponsor Address:** 75 PARK PLAZA, BOSTON, MA, 02116

- **Plan Type:** 401(k)

- **Total Participants:** 322

- **Total Assets:** $47.9M

## 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|322|$47.9M|$2.7M|$5.1M|

| 2023|265|$39.3M|$2.2M|$4.7M|

| 2022|268|$28.8M|$1.9M|$4.0M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$62,152|—|$62,152|

| GRAY, GRAY, & GRAY LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $62,152

- **Estimated Expense Ratio:** 0.130% 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|$62,152|—|$300|—|—|

| 2023|$54,902|—|—|—|—|

| 2022|$47,467|—|—|—|—|

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