Plan Snapshot
- Plan Sponsor: Roivant Sciences, INC.
- Sponsor EIN: 465630757
- Sponsor Address: 151 W 42ND STREET, NEW YORK, NY, 10036
- Plan Type: 401(k)
- Total Participants: 783
- Total Assets: $115.4M
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 | 783 | $115.4M | $6.2M | $17.9M |
| 2023 | 811 | $88.9M | $6.2M | $16.8M |
| 2022 | 796 | $56.4M | $6.2M | $14.9M |
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 | $91,610 | — | $91,610 |
| MORGAN STANLEY SMITH BARNEY LLC | INVESTMENT ADVISOR | $65,876 | — | $65,876 |
| BDO USA, P.C. | AUDITOR | $59,000 | — | $59,000 |
| KESTRA ADVISORY SERVICES, LLC | INVESTMENT ADVISOR | $31,641 | — | $31,641 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MORGAN STANLEY SMITH BARNEY LLC — INVESTMENT ADVISOR
- BDO USA, P.C. — AUDITOR
- KESTRA ADVISORY SERVICES, LLC — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $248,127
- Estimated Expense Ratio: 0.215% 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 | $248,127 | $120,714 | — | $59,000 | — |
| 2023 | $378,556 | — | — | $58,000 | — |
| 2022 | $130,151 | — | — | — | — |