Plan Snapshot
- Plan Sponsor: Tessera Therapeutics, INC
- Sponsor EIN: 831788350
- Sponsor Address: 101 SOUTH STREET, SOMERVILLE, MA, 02143
- Plan Type: 401(k)
- Total Participants: 308
- Total Assets: $19.2M
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 | 308 | $19.2M | $1.8M | $4.2M |
| 2023 | 340 | $11.2M | $941,923 | $3.8M |
| 2022 | 266 | $4.4M | $0 | $2.4M |
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 |
|---|---|---|---|---|
| AAFCPAS, INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $3,363 | $1,914 | — | — | — |
| 2023 | $1,388 | $111 | — | — | — |
| 2022 | $635 | — | — | — | — |