Plan Snapshot
- Plan Sponsor: Tonix Pharmaceuticals Holding Corp.
- Sponsor EIN: 261434750
- Sponsor Address: 26 MAIN STREET, CHATHAM, NJ, 07928
- Plan Type: 401(k)
- Total Participants: 65
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 65 | $13.7M | $1.3M | $1.2M |
| 2023 | 136 | $10.9M | $1.2M | $1.4M |
| 2022 | 108 | $6.2M | $770,182 | $938,743 |
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 |
|---|---|---|---|---|
| OSAIC WEALTH, INC. | RIA | $29,799 | — | $29,799 |
| WOODBURY FINANCIAL SERVICES | RIA | $8,831 | — | $8,831 |
| BLUE & CO., LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH, INC. — RIA
- BLUE & CO., LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,630
- Estimated Expense Ratio: 0.282% 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 | $58,785 | $38,805 | $18,380 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |