Plan Snapshot
- Plan Sponsor: Bizerba Usa, INC.
- Sponsor EIN: 222529556
- Sponsor Address: 1804 FASHION COURT, JOPPA, MD, 21085
- Plan Type: 401(k)
- Total Participants: 345
- Total Assets: $28.5M
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 | 345 | $28.5M | $886,079 | $2.0M |
| 2023 | 398 | $26.1M | $947,557 | $2.1M |
| 2022 | 361 | $21.3M | $833,038 | $1.9M |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | 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 | $59,995 | $39,131 | — | — | — |
| 2023 | $52,668 | $37,965 | — | — | — |
| 2022 | $55,386 | — | — | — | — |