Plan Snapshot
- Plan Sponsor: Tris Pharma, INC.
- Sponsor EIN: 223747409
- Sponsor Address: 2031 US HIGHWAY 130, MONMOUTH JUNCTION, NJ, 08852
- Plan Type: 401(k)
- Total Participants: 556
- Total Assets: $49.7M
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 | 556 | $49.7M | $2.0M | $5.2M |
| 2023 | 502 | $39.7M | $1.6M | $4.4M |
| 2022 | 442 | $29.9M | $1.4M | $4.0M |
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 |
|---|---|---|---|---|
| BDO USA, LLP | AUDIT | $32,523 | — | $32,523 |
| TRANSAMERICA LIFE INSURANCE COMPANY | RECORD-KEEPER | $17,793 | — | $17,793 |
| RED BANK PENSION SERVICES, INC. | RECORD-KEEPER | $12,715 | $1,659 | $14,374 |
| MESIROW FINANCIAL, INC. | INVESTMENT ADVISORY-PLAN | $8,972 | — | $8,972 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, LLP — AUDIT
- TRANSAMERICA LIFE INSURANCE COMPANY — RECORD-KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,662
- Estimated Expense Ratio: 0.148% 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 | $72,003 | — | $72,003 | — | — |
| 2023 | $30,480 | — | $30,480 | — | — |
| 2022 | $19,337 | — | $19,337 | — | — |