Plan Snapshot
- Plan Sponsor: Foster Wheeler, INC.
- Sponsor EIN: 223800664
- Sponsor Address: 53 FRONTAGE ROAD, HAMPTON, NJ, 08827
- Plan Type: DB
- Total Participants: 8
- Total Assets: $61.5M
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 | 8 | $61.5M | $733,007 | $0 |
| 2023 | 19 | $71.7M | $1.2M | $0 |
| 2022 | 30 | $72.5M | $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 |
|---|---|---|---|---|
| WARREN AVERETT, LLC | Auditor | $14,000 | — | $14,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,000
- Estimated Expense Ratio: 0.023% 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 | $1,624,164 | $90,977 | $516,816 | $14,000 | — |
| 2023 | $1,507,713 | $96,523 | $178,255 | $14,000 | — |
| 2022 | $1,266,645 | $126,078 | $58,275 | — | $354,740 |