Plan Snapshot
- Plan Sponsor: Ptc Therapeutics, INC.
- Sponsor EIN: 043416587
- Sponsor Address: 500 WARREN CORPORATE CENTER DRIVE, WARREN, NJ, 07059
- Plan Type: 401(k)
- Total Participants: 621
- Total Assets: $199.8M
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 | 621 | $199.8M | $6.8M | $11.7M |
| 2023 | 657 | $183.1M | $10.9M | $17.7M |
| 2022 | 1,079 | $134.0M | $9.8M | $15.0M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Investment Advisor | $38,787 | — | $38,787 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $34,808 | — | $34,808 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,595
- Estimated Expense Ratio: 0.037% 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 | $73,595 | $38,787 | — | — | — |
| 2023 | $26,771 | $51,902 | — | — | — |
| 2022 | $40,848 | $31,393 | — | — | — |