Plan Snapshot
- Plan Sponsor: Dormakaba Usa INC.
- Sponsor EIN: 510367374
- Sponsor Address: 6161 EAST 75TH STREET, INDIANAPOLIS, IN, 46250
- Plan Type: 401(k)
- Total Participants: 2,375
- Total Assets: $196.3M
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 | 2,375 | $196.3M | $7.8M | $15.2M |
| 2023 | 2,510 | $173.4M | $6.9M | $13.4M |
| 2022 | 2,896 | $144.5M | $7.0M | $13.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $172,559 | — | $172,559 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $47,481 | — | $47,481 |
| PRICEWATERHOUSE COOPERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- PRICEWATERHOUSE COOPERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $220,040
- Estimated Expense Ratio: 0.112% 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 | $220,040 | $47,481 | $900 | — | — |
| 2023 | $203,211 | $31,495 | $4,200 | — | — |
| 2022 | $168,071 | $12,833 | — | — | — |