# Hanwha Vision America, INC. 401(k) Plan
Source: https://planprovider.pro/companies/hanwha-techwin-america-inc-401k-plan

> Hanwha Vision America, INC.&#39;s 401(k) plan: 375 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Hanwha Vision America, INC.

- **Sponsor EIN:** 223015117

- **Sponsor Address:** 100 CHALLENGER ROAD, RIDGEFIELD PARK, NJ, 07660

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

- **Total Participants:** 375

- **Total Assets:** $22.1M

## 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|375|$22.1M|$771,492|$2.8M|

| 2023|328|$17.3M|$530,836|$2.3M|

| 2022|279|$12.5M|$380,027|$1.7M|

## 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|

| ORENDA RETIREMENT LLC|CONTRACT ADMINISTRATOR|$73,200|$7,819|$81,019|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$59,524|—|$59,524|

| TRAILBREAKER ACCOUNTING PLLC|Auditor|$32,500|—|$32,500|

| SBHI LIFE AGENCY INC|OTHER SERVICES|—|$16,151|$16,151|

| MORGAN STANLEY|INVESTMENT ADVISORY|$11,871|—|$11,871|

| VOYA FINANCIAL ADVISORS INC|OTHER SERVICES|—|$6,976|$6,976|

### Verified Provider Profiles

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

- [SBHI LIFE AGENCY INC](https://planprovider.pro/provider/morgan-stanley) — OTHER SERVICES

- [MORGAN STANLEY](https://planprovider.pro/provider/morgan-stanley) — INVESTMENT ADVISORY

- [VOYA FINANCIAL ADVISORS INC](https://planprovider.pro/provider/voya-financial) — OTHER SERVICES

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $208,041

- **Estimated Expense Ratio:** 0.941% 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|$144,590|$11,870|$100,220|$32,500|—|

| 2023|$84,117|—|$72,119|$11,998|—|

| 2022|$72,812|—|$57,876|—|$14,936|

## Similar Plans

- [Sigma International Group](https://planprovider.pro/companies/sigma-international-group-401k-plan) — 367 participants

- [Audiology Benefits Services, LLC](https://planprovider.pro/companies/audiology-benefit-services-llc-401k-plan) — 330 participants

- [National Keystone Products Co, INC](https://planprovider.pro/companies/national-keystone-products-co-inc-401k-plan) — 483 participants

- [Nourison Industries, INC.](https://planprovider.pro/companies/nourison-industries-inc-401k-plan) — 512 participants

- [Groupe Seb](https://planprovider.pro/companies/groupe-seb-401k-plan) — 583 participants

- [Brother International Corporation](https://planprovider.pro/companies/brother-international-corporation-401k-plan) — 867 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/hanwha-techwin-america-inc-401k-plan)

&copy; 2026 PlanProvider.Pro
