Plan Snapshot
- Plan Sponsor: Bekaertdeslee Usa INC.
- Sponsor EIN: 134252286
- Sponsor Address: 200 BUSINESS PARK DRIVE, WILSON SALEM, NC, 27107
- Plan Type: 401(k)
- Total Participants: 223
- Total Assets: $11.2M
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 | 223 | $11.2M | $420,178 | $1.0M |
| 2023 | 242 | $10.2M | $398,482 | $949,304 |
| 2022 | 269 | $9.4M | $301,940 | $854,679 |
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 |
|---|---|---|---|---|
| SMITH SCHAFER AND ASSOCIATES | 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 | $78,888 | $32,270 | $46,618 | — | — |
| 2023 | $72,174 | $27,608 | $44,566 | — | — |
| 2022 | $61,561 | $5,678 | $55,883 | — | — |