Plan Snapshot
- Plan Sponsor: Bachem Americas ,INC.
- Sponsor EIN: 952705001
- Sponsor Address: 3132 KASHIWA ST, TORRANCE, CA, 90505
- Plan Type: 401(k)
- Total Participants: 343
- Total Assets: $51.6M
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 | 343 | $51.6M | $1.3M | $3.1M |
| 2023 | 304 | $44.7M | $988,051 | $3.3M |
| 2022 | 344 | $44.1M | $1.1M | $3.2M |
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 |
|---|---|---|---|---|
| NFP RETIREMENT INC | INVESTMENT ADVISOR | $40,000 | — | $40,000 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $30,121 | — | $30,121 |
| MUN CPAS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MUN CPAS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,121
- Estimated Expense Ratio: 0.136% 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 | $70,121 | $40,000 | — | — | — |
| 2023 | $157,719 | $65,229 | $92,490 | — | — |
| 2022 | $196,893 | — | — | — | — |