Plan Snapshot
- Plan Sponsor: Convatec INC.
- Sponsor EIN: 262734330
- Sponsor Address: 200 CROSSINGS BLVD, BRIDGEWATER, NJ, 08807
- Plan Type: 401(k)
- Total Participants: 1,399
- Total Assets: $239.4M
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 | 1,399 | $239.4M | $7.7M | $14.2M |
| 2023 | 1,465 | $213.2M | $6.8M | $12.5M |
| 2022 | 1,290 | $174.2M | $5.9M | $10.9M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | $59,930 | — | $59,930 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,930
- Estimated Expense Ratio: 0.025% 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 | $405,850 | $86,421 | $300 | $59,930 | — |
| 2023 | $263,927 | $56,601 | $300 | $17,126 | — |
| 2022 | $158,445 | $61,462 | — | — | — |