Plan Snapshot
- Plan Sponsor: Havas North America, INC.
- Sponsor EIN: 133356204
- Sponsor Address: 200 HUDSON STREET, NEW YORK, NY, 10013
- Plan Type: 401(k)
- Total Participants: 3,458
- Total Assets: $670.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 3,458 | $670.3M | $7.0M | $33.2M |
| 2023 | 3,579 | $599.7M | $6.6M | $35.1M |
| 2022 | 3,820 | $499.3M | $6.1M | $32.0M |
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 |
|---|---|---|---|---|
| THE CONCORD ADVISORY GROUP, LTD. | CONSULTANT | $211,881 | — | $211,881 |
| CBIZ CPAS P.C. | Auditor | $211,881 | — | $211,881 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $423,762
- Estimated Expense Ratio: 0.063% 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 | $16,192 | — | — | $211,881 | — |
| 2023 | $15,474 | — | — | — | — |
| 2022 | $13,020 | — | — | — | — |