Plan Snapshot
- Plan Sponsor: Prime Therapeutics
- Sponsor EIN: 260076803
- Sponsor Address: 2900 AMES CROSSING ROAD, EAGAN, MN, 55121
- Plan Type: 401(k)
- Total Participants: 7,237
- Total Assets: $911.3M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,237 | $911.3M | $42.1M | $67.2M |
| 2023 | 6,830 | $739.6M | $38.3M | $60.5M |
| 2022 | 6,281 | $527.7M | $21.0M | $34.6M |
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 |
|---|---|---|---|---|
| FINANCIAL ENGINES | ADVISOR | $369,262 | — | $369,262 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $195,138 | — | $195,138 |
| SAGEVIEW | CONSULTANT | $69,000 | — | $69,000 |
| BLUECROSS BLUE SHIELD ASSOCIATION | OTHER SERVICES | $27,706 | — | $27,706 |
| CLIFTONLARSONALLEN LLP | ACCOUNTANT/AUDITOR | $14,385 | — | $14,385 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SAGEVIEW — CONSULTANT
- CLIFTONLARSONALLEN LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $675,491
- Estimated Expense Ratio: 0.074% 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 | $675,491 | $369,262 | — | $14,385 | — |
| 2023 | $444,266 | $213,777 | — | $14,826 | — |
| 2022 | $480,626 | — | — | — | — |