Plan Snapshot
- Plan Sponsor: Jenoptik North America, INC.
- Sponsor EIN: 271657990
- Sponsor Address: 16490 INNOVATION DRIVE, JUPITER, FL, 33478
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $42.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 324 | $42.0M | $814,350 | $3.0M |
| 2023 | 350 | $34.3M | $792,475 | $2.8M |
| 2022 | 327 | $28.6M | $673,865 | $2.4M |
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 |
|---|---|---|---|---|
| USI ADVISORS, INC | INVESTMENT/FINANCIAL ADVI | $37,175 | — | $37,175 |
| BDO USA, P.C. | ACCOUNTANT | $24,344 | — | $24,344 |
| ADP, INC. | RECORD KEEPER | $11,909 | — | $11,909 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — ACCOUNTANT
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,428
- Estimated Expense Ratio: 0.175% 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 | $73,428 | $37,175 | — | $24,344 | — |
| 2023 | $68,923 | $23,690 | — | $36,332 | — |
| 2022 | $52,813 | — | — | — | — |