Plan Snapshot
- Plan Sponsor: Mersen Usa Holding Corp.
- Sponsor EIN: 220807643
- Sponsor Address: 400 MYRTLE AVE, BOONTON, NJ, 07005
- Plan Type: 401(k)
- Total Participants: 1,089
- Total Assets: $159.7M
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 | 1,089 | $159.7M | $5.5M | $8.2M |
| 2023 | 1,108 | $140.1M | $4.9M | $6.9M |
| 2022 | 1,014 | $118.3M | $4.5M | $6.3M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RETAINED BY EMPLOYER | $279,248 | — | $279,248 |
| MORGAN STANLEY GLOBAL BANKING OPS | RETAINED BY EMPLOYER | $88,213 | — | $88,213 |
| CLIFTONLARSONALLEN LLP | RETAINED BY EMPLOYER | $30,975 | — | $30,975 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY EMPLOYER
- CLIFTONLARSONALLEN LLP — RETAINED BY EMPLOYER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $398,436
- Estimated Expense Ratio: 0.249% 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 | $398,454 | $129,654 | $237,825 | $30,975 | — |
| 2023 | $365,995 | $121,286 | $210,899 | $33,810 | — |
| 2022 | $423,414 | $118,239 | $275,775 | — | $29,400 |