Ferring Pharmaceuticals Inc. 401(k) Savings Plan
Ferring Pharmaceutical Inc., Parsippany NJ. Employer ID 541179881, plan number 001. Annual reports on file for 2009 to 2024.
Where the money went
Plans that moved money into this one:
- 2013: money from Ferring Pharmaceuticals Inc Defined Contribution Plan moved in.
- Filed 2009-2024Ferring Pharmaceuticals Inc. 401(k) Savings Plan, Ferring Pharmaceutical Inc.
- TodayFerring Pharmaceuticals Inc. 401(k) Savings Plan still files. Fidelity Investments Institutional keeps the records. That is where to ask.
Records are kept by Fidelity Investments Institutional, per the 2024 filing.
Left in 2020? You may be owed employer money
- In plan year 2020, active participants fell from 918 to 727 (21%), and 135 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. A 2021 law (Consolidated Appropriations Act, section 209) can excuse a drop between March 2020 and March 2021 if the plan had rehired enough people by March 31, 2021. Filing
This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.
Worked here?
Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.
Events in the filings
- 2017: The plan reported failing to pay benefits when due.
- 2022: The plan reported failing to pay benefits when due.
People in the plan
"Separated, still owed" counts people who left the employer but still have a benefit in the plan, as reported by the plan.
| Plan year | Participants | Separated, still owed | Source |
|---|---|---|---|
| 2013 | 698 | 113 | Filing |
| 2014 | 777 | 139 | Filing |
| 2015 | 931 | 174 | Filing |
| 2016 | 1,007 | 199 | Filing |
| 2017 | 1,054 | 233 | Filing |
| 2018 | 1,142 | 298 | Filing |
| 2019 | 1,246 | 324 | Filing |
| 2020 | 1,163 | 434 | Filing |
| 2021 | 1,227 | 440 | Filing |
| 2022 | 1,422 | 438 | Filing |
| 2023 | 1,469 | 493 | Filing |
| 2024 | 1,507 | 548 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.