Plan Snapshot
- Plan Sponsor: Bic Corporation
- Sponsor EIN: 060735597
- Sponsor Address: ONE BIC WAY, SHELTON, CT, 06484
- Plan Type: 401(k)
- Total Participants: 590
- Total Assets: $216.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 590 | $216.6M | $1.9M | $6.4M |
| 2023 | 646 | $197.5M | $2.9M | $6.2M |
| 2022 | 640 | $159.6M | $1.7M | $5.3M |
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 |
|---|---|---|---|---|
| WALSH&DICKINSON | Auditor | $15,000 | — | $15,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,000
- Estimated Expense Ratio: 0.007% 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 | $44,558 | $16,967 | $1,200 | $15,000 | — |
| 2023 | $57,275 | $14,065 | $900 | $29,000 | — |
| 2022 | $38,139 | $18,401 | — | — | — |