Plan Snapshot
- Plan Sponsor: Meggitt-Usa, INC.
- Sponsor EIN: 953639799
- Sponsor Address: 6035 PARKLAND BLVD, CLEVELAND, OH, 44124
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $0 |
| 2023 | 4,336 | $801.9M | $21.7M | $29.7M |
| 2022 | 4,581 | $780.6M | $21.8M | $29.8M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | Other Service Provider | $157,070 | — | $157,070 |
| CLIFTON LARSON ALLEN LLP | Other Service Provider | $40,992 | — | $40,992 |
| PARKER, BROWN, MACAULAY & SHEERIN | Other Service Provider | $21,600 | — | $21,600 |
| MORNINGSTAR | Other Service Provider | $16,968 | — | $16,968 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $236,630
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 | — | — | — | — | — |
| 2023 | $119,215 | $8,484 | — | $20,496 | — |
| 2022 | $240,321 | $136,979 | — | — | $35,050 |