# Fincantieri Marine Systems North America, INC. 401(k) Plan
Source: https://planprovider.pro/companies/fincantieri-marine-systems-north-america-inc-401k-plan

> Fincantieri Marine Systems North America, INC.'s 401(k) plan: 139 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Fincantieri Marine Systems North America, INC.

- **Sponsor EIN:** 061062881

- **Sponsor Address:** 800 PRINCIPAL COURT, SUITE C, CHESAPEAKE, VA, 23320

- **Plan Type:** 401(k)

- **Total Participants:** 139

- **Total Assets:** $8.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|139|$8.2M|$446,751|$789,271|

| 2023|135|$6.4M|$413,427|$679,023|

| 2022|180|$4.9M|$316,564|$499,964|

## 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|

| BELFINT, LYONS & SHUMAN, P.A.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BELFINT, LYONS & SHUMAN, P.A.](https://planprovider.pro/provider/belfint-lyons-and-shuman-pa) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$43,077|—|—|—|—|

| 2023|$33,300|—|—|—|—|

| 2022|—|—|—|—|—|

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