Plan Snapshot
- Plan Sponsor: Fanuc America Corporation
- Sponsor EIN: 383067354
- Sponsor Address: 3900 W. HAMLIN ROAD, ROCHESTER HILLS, MI, 483093253
- Plan Type: DB
- Total Participants: 277
- Total Assets: $284.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 277 | $284.8M | $15.0M | $0 |
| 2023 | 293 | $295.7M | $0 | $0 |
| 2022 | 312 | $293.6M | $0 | $0 |
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 |
|---|---|---|---|---|
| PIMCO | INV MANAGEMNT | $355,063 | — | $355,063 |
| FIDELITY MGT TRUST CO | INV MGMT/TRUSTEE /ADMIN | $169,781 | — | $169,781 |
| WILLIS TOWERS WATSON | ACTUARY CONSULTANT | $45,000 | — | $45,000 |
| GALLAGHER BENEFIT SERVICES | ADMIN | $7,500 | — | $7,500 |
| WILLIAM VAUGHAN COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES — ADMIN
- WILLIAM VAUGHAN COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $577,344
- Estimated Expense Ratio: 0.203% 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 | $675,112 | $355,063 | $154,446 | — | — |
| 2023 | $435,413 | $157,520 | $120,561 | $12,000 | — |
| 2022 | $670,619 | $346,776 | — | — | $77,900 |