Plan Snapshot
- Plan Sponsor: Daikin America, INC
- Sponsor EIN: 631038060
- Sponsor Address: 20 OLYMPIC DRIVE, ORANGEBURG, NY, 109620000
- Plan Type: 401(k)
- Total Participants: 534
- Total Assets: $191.9M
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 | 534 | $191.9M | $6.2M | $5.7M |
| 2023 | 543 | $169.5M | $6.4M | $5.8M |
| 2022 | 558 | $152.7M | $6.2M | $5.5M |
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 |
|---|---|---|---|---|
| EISNERAMPER LLP | Auditor | $38,493 | — | $38,493 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,493
- Estimated Expense Ratio: 0.020% 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 | $227,886 | $166,354 | $23,039 | $38,493 | — |
| 2023 | $224,440 | $145,434 | $45,406 | $33,600 | — |
| 2022 | $205,245 | $126,634 | $39,611 | — | $39,000 |