Plan Snapshot
- Plan Sponsor: Spi Pharma
- Sponsor EIN: 510108237
- Sponsor Address: 503 CARR ROAD, SUITE 210, WILMINGTON, DE, 19809
- Plan Type: 401(k)
- Total Participants: 202
- Total Assets: $56.6M
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 | 202 | $56.6M | $2.0M | $1.8M |
| 2023 | 223 | $50.2M | $1.9M | $1.9M |
| 2022 | 212 | $43.0M | $1.9M | $1.8M |
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 |
|---|---|---|---|---|
| GELMAN, ROSENBERG AND FREEDMAN, PC | Auditor | $22,568 | — | $22,568 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,568
- Estimated Expense Ratio: 0.040% 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 | $142,209 | $41,250 | $78,391 | $22,568 | — |
| 2023 | $116,475 | — | $116,475 | — | — |
| 2022 | $116,017 | $112,942 | $3,075 | — | — |