Plan Snapshot
- Plan Sponsor: Babynov Usa LLC
- Sponsor EIN: 843567056
- Sponsor Address: 500 ANNE LAURE PAUVERT LN, RED BOILING SPRINGS, TN, 371502903
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 147
- Total Assets: $957,323
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. |
|---|---|---|---|---|
| 2025 | 147 | $957,323 | $0 | $0 |
| 2024 | 128 | $626,179 | $71,656 | $264,561 |
| 2023 | 92 | $601,254 | $67,275 | $202,637 |
| 2022 | 103 | $417,487 | $25,012 | $171,726 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $10,471 | — | $10,471 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,471
- Estimated Expense Ratio: 1.094% 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 |
|---|---|---|---|---|---|
| 2025 | $244,553 | — | $14,323 | — | — |
| 2024 | $410,864 | — | — | — | — |
| 2023 | $15,177 | — | $10,284 | — | — |
| 2022 | $118,441 | — | — | — | — |