Plan Snapshot
- Plan Sponsor: Solugenix Corporation
- Sponsor EIN: 201631341
- Sponsor Address: 601 VALENCIA AVENUE, SUITE 260, BREA, CA, 92823
- Plan Type: 401(k)
- Total Participants: 274
- Total Assets: $15.8M
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 | 274 | $15.8M | $641,211 | $1.4M |
| 2023 | 329 | $14.3M | $602,801 | $1.4M |
| 2022 | 346 | $10.3M | $560,514 | $1.2M |
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 |
|---|---|---|---|---|
| BAYNTREE WEALTH ADVISORS, LLC | RIA | $33,305 | — | $33,305 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $5,418 | — | $5,418 |
| MANSPERGER PATTERSON & MCMULLIN PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,723
- Estimated Expense Ratio: 0.245% 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 | $82,337 | $33,305 | $9,775 | — | — |
| 2023 | $69,109 | $30,068 | $5,500 | — | — |
| 2022 | $61,728 | $26,659 | $28,979 | — | $6,090 |