Plan Snapshot
- Plan Sponsor: Futaba North America Engineering And Marketing Corporation
- Sponsor EIN: 453506561
- Sponsor Address: 444 SCOTT DRIVE, SUITE 200, BLOOMINGDALE, IL, 60108
- Plan Type: 401(k)
- Total Participants: 1,670
- Total Assets: $41.9M
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 | 1,670 | $41.9M | $1.2M | $3.5M |
| 2023 | 1,357 | $36.3M | $1.3M | $3.3M |
| 2022 | 1,222 | $30.9M | $1.2M | $3.0M |
| 2021 | 1,443 | $34.3M | $0 | $0 |
| 2020 | 1,448 | $29.2M | $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 |
|---|---|---|---|---|
| DAVID KOT FORVIS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVID KOT FORVIS — 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 | $136,573 | $30,000 | — | — | — |
| 2023 | $159,756 | $15,000 | $136,673 | — | — |
| 2022 | $171,118 | — | $156,368 | — | $14,750 |
| 2021 | $160,567 | — | $160,567 | — | — |
| 2020 | $119,733 | — | $119,733 | — | — |