Plan Snapshot
- Plan Sponsor: Akzo Nobel INC.
- Sponsor EIN: 561349341
- Sponsor Address: 535 MARRIOTT DRIVE, NASHVILLE, TN, 37214
- Plan Type: 401(k)
- Total Participants: 2,421
- Total Assets: $818.9M
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 | 2,421 | $818.9M | $20.1M | $18.9M |
| 2023 | 2,530 | $788.2M | $18.1M | $17.3M |
| 2022 | 2,476 | $731.2M | $18.4M | $17.0M |
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, P.C. | Auditor | $28,875 | — | $28,875 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,875
- Estimated Expense Ratio: 0.004% 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 | $1,081,195 | $532,394 | $2,100 | $28,875 | — |
| 2023 | $911,446 | $499,387 | $3,000 | $24,455 | — |
| 2022 | $1,064,887 | $539,798 | — | — | $286,002 |