Plan Snapshot
- Plan Sponsor: Mediterranean Shipping Company Usa, INC.
- Sponsor EIN: 132696410
- Sponsor Address: 420 5TH AVENUE, NEW YORK, NY, 10018
- Plan Type: DC
- Total Participants: 1,574
- Total Assets: $188.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 1,574 | $188.4M | $9.5M | $12.0M |
| 2023 | 1,471 | $153.5M | $8.0M | $10.0M |
| 2022 | 1,472 | $122.4M | $9.3M | $9.0M |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $23,180 | — | $23,180 |
| CITRIN COOPERMAN & COMPANY LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,180
- Estimated Expense Ratio: 0.012% 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 | $16,158 | — | — | — | — |
| 2023 | $20,000 | — | — | — | — |
| 2022 | $27,268 | — | — | — | — |