Plan Snapshot
- Plan Sponsor: Boysen Usa, LLC
- Sponsor EIN: 200963393
- Sponsor Address: 139 CORPORATE DR, GAFFNEY, SC, 29341
- Plan Type: 401(k)
- Total Participants: 624
- Total Assets: $16.4M
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 | 624 | $16.4M | $1.1M | $1.5M |
| 2023 | 508 | $13.3M | $1.1M | $1.5M |
| 2022 | 448 | $10.4M | $973,369 | $1.3M |
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 |
|---|---|---|---|---|
| ROEDL LANGFORD DE KOCK, 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 | $54,800 | $39,416 | — | — | — |
| 2023 | $46,945 | $30,835 | — | — | — |
| 2022 | $33,442 | — | — | — | — |