Plan Snapshot
- Plan Sponsor: Axalta Coating Systems, LLC
- Sponsor EIN: 611682102
- Sponsor Address: 50 APPLIED BANK BOULEVARD, GLEN MILLS, PA, 19342
- Plan Type: 401(k)
- Total Participants: 3,307
- Total Assets: $593.9M
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 | 3,307 | $593.9M | $21.7M | $33.6M |
| 2023 | 3,102 | $528.0M | $21.0M | $32.5M |
| 2022 | 3,147 | $442.8M | $20.0M | $30.3M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | NONE | $304,807 | — | $304,807 |
| THE VANGUARD GROUP, INC. | NONE | $246,708 | — | $246,708 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISERS INC. — NONE
- THE VANGUARD GROUP, INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $551,515
- Estimated Expense Ratio: 0.093% 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 | $519,065 | — | — | — | — |
| 2023 | $438,779 | — | — | — | — |
| 2022 | $380,703 | — | — | — | — |