Plan Snapshot
- Plan Sponsor: Itochu International INC.
- Sponsor EIN: 131850807
- Sponsor Address: 1251 AVENUE OF THE AMERICAS, NEW YORK, NY, 10020
- Plan Type: 401(k)
- Total Participants: 390
- Total Assets: $175.8M
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 | 390 | $175.8M | $1.6M | $5.6M |
| 2023 | 415 | $163.5M | $1.5M | $5.3M |
| 2022 | 734 | $147.6M | $1.6M | $5.8M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $285,304 | — | $285,304 |
| FORVIS MAZARS, LLP | AUDITOR | $61,735 | — | $61,735 |
| MMA SECURITIES LLC | ADVISOR | $52,806 | — | $52,806 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $399,845
- Estimated Expense Ratio: 0.227% 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 | $399,845 | $52,806 | — | $61,735 | — |
| 2023 | $380,831 | $40,375 | — | $87,900 | — |
| 2022 | $414,144 | $251,508 | $7,827 | — | $23,987 |