Plan Snapshot
- Plan Sponsor: Rk Pharma
- Sponsor EIN: 824714511
- Sponsor Address: 1 TOWER CENTER BLVD 2300, EAST BRUNSWICK, NJ, 08816
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 183
- Total Assets: $2.3M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 183 | $2.3M | $0 | $0 |
| 2023 | 102 | $1.6M | $0 | $370,130 |
| 2022 | 92 | $1.0M | $5,717 | $327,193 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $16,523 | — | $16,523 |
| WELLS FARGO ADVISORS FINANCIAL NETW | Investment Advisor | $10,970 | — | $10,970 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,493
- Estimated Expense Ratio: 1.178% 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 |
|---|---|---|---|---|---|
| 2025 | $202,405 | $10,970 | — | — | — |
| 2023 | $105,003 | — | — | — | — |
| 2022 | $13,245 | — | — | — | — |