Plan Snapshot
- Plan Sponsor: Pharmaceutical Product Development, LLC
- Sponsor EIN: 561640186
- Sponsor Address: 929 NORTH FRONT STREET, WILMINGTON, NC, 284013331
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $0 |
| 2023 | 14,922 | $1.5B | $77.2M | $126.1M |
| 2022 | 15,886 | $1.2B | $36.9M | $114.2M |
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 | $994,628 | — | $994,628 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $392,868 | — | $392,868 |
| NEPC, LLC | Investment Advisor | $129,294 | — | $129,294 |
| PBMARES LLP | Auditor | $84,796 | — | $84,796 |
| TROUTMAN SANDERS LLP | ERISA Attorney | $35,904 | — | $35,904 |
| CAPFINANCIAL PARTNERS, LLC | Investment Advisor | $17,976 | — | $17,976 |
| BAKER & HOSTETLER LLP | ERISA Attorney | $14,226 | — | $14,226 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- NEPC, LLC — Investment Advisor
- PBMARES LLP — Auditor
- TROUTMAN SANDERS LLP — ERISA Attorney
- BAKER & HOSTETLER LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,669,692
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 | $120,662 | $19,059 | — | — | — |
| 2023 | $834,847 | $196,434 | $4,200 | $42,398 | — |
| 2022 | $973,094 | $114,023 | — | — | — |