Plan Snapshot
- Plan Sponsor: Coim Usa, INC.
- Sponsor EIN: 061626302
- Sponsor Address: 286 MANTUA GROVE RD., BLDG 1, WEST DEPTFORD, NJ, 080661738
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $13.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 156 | $13.3M | $686,113 | $1.2M |
| 2023 | 144 | $10.9M | $529,007 | $1.0M |
| 2022 | 138 | $8.4M | $450,131 | $887,817 |
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 | $37,186 | — | $37,186 |
| MERRILL LYNCH PIERCE FENNER & SMITH | CONSULTANT | $15,043 | $7 | $15,050 |
| LEGACY RETIREMENT SOLUTIONS LLC | CONTRACT ADMINISTRATOR | $5,697 | $4,725 | $10,422 |
| MORGAN STANLEY GLOBAL | INVESTMENT ADVISORY | $8,992 | $3 | $8,995 |
| FUNARO & CO., P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL — INVESTMENT ADVISORY
- FUNARO & CO., P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,653
- Estimated Expense Ratio: 0.540% 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 | $56,918 | — | — | — | — |
| 2023 | $44,636 | — | — | — | — |
| 2022 | $39,009 | $5,640 | $21,283 | — | $12,086 |