Plan Snapshot
- Plan Sponsor: Barentz North America, LLC
- Sponsor EIN: 341209005
- Sponsor Address: 1390 JAYCOX RD., AVON, OH, 440111317
- Plan Type: 401(k)
- Total Participants: 338
- Total Assets: $38.3M
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 | 338 | $38.3M | $1.6M | $3.2M |
| 2023 | 330 | $35.0M | $1.6M | $3.3M |
| 2022 | 349 | $28.2M | $1.6M | $2.9M |
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 |
|---|---|---|---|---|
| HOBE & LUCAS CPA'S | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $196,691 | $77,258 | — | — | — |
| 2023 | $131,404 | $53,523 | — | — | — |
| 2022 | $126,850 | $75,553 | $51,297 | — | — |