Plan Snapshot
- Plan Sponsor: Reaction Biology Corp
- Sponsor EIN: 251889524
- Sponsor Address: 1 GREAT VALLEY PARKWAY, SUITE 2, MALVERN, PA, 19355
- Plan Type: 401(k)
- Total Participants: 92
- Total Assets: $7.0M
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 | 92 | $7.0M | $305,021 | $987,564 |
| 2023 | 154 | $5.2M | $318,447 | $1.1M |
| 2022 | 107 | $4.0M | $36,089 | $998,651 |
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 |
|---|---|---|---|---|
| FISHER ASSET MANAGEMENT LLC FISHER | Investment Advisor | $42,851 | — | $42,851 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $15,656 | — | $15,656 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,507
- Estimated Expense Ratio: 0.835% 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 | $58,507 | $42,851 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |