Plan Snapshot
- Plan Sponsor: Closure Systems International Holdings LLC
- Sponsor EIN: 770710458
- Sponsor Address: 7820 INNOVATION BLVD., INDIANAPOLIS, IN, 462782728
- Plan Type: 401(k)
- Total Participants: 796
- Total Assets: $117.7M
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. |
|---|---|---|---|---|
| 2023 | 796 | $117.7M | $2.9M | $4.5M |
| 2022 | 770 | $112.8M | $3.5M | $4.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $374,388 | — | $374,388 |
| LPL FINANCIAL | OTHER SERVICES | — | $94,500 | $94,500 |
| CROWE LLP | OTHER SERVICES | $80,400 | — | $80,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL — OTHER SERVICES
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $549,288
- Estimated Expense Ratio: 0.467% 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 |
|---|---|---|---|---|---|
| 2023 | $187,195 | — | $187,195 | — | — |
| 2022 | $181,864 | — | $181,864 | — | — |