Plan Snapshot
- Plan Sponsor: Konica Minolta Healthcare Americas, INC.
- Sponsor EIN: 221913997
- Sponsor Address: 411 NEWARK POMPTON TPK, WAYNE, NJ, 074706657
- Plan Type: 401(k)
- Total Participants: 304
- Total Assets: $67.4M
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 | 304 | $67.4M | $1.5M | $3.7M |
| 2023 | 339 | $59.8M | $1.5M | $3.8M |
| 2022 | 385 | $53.4M | $1.5M | $3.8M |
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 |
|---|---|---|---|---|
| COHNREZNICK | Auditor | — | — | $0 |
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 | $119,828 | $75,316 | $44,512 | — | — |
| 2023 | $134,269 | $75,021 | $59,248 | — | — |
| 2022 | $340,022 | $29,995 | $32,508 | — | — |