Plan Snapshot
- Plan Sponsor: Messer North America INC
- Sponsor EIN: 201043281
- Sponsor Address: 200 SOMERSET CORP BLVD SUITE 7000, BRIDGEWATER, NJ, 08807
- Plan Type: 401(k)
- Total Participants: 2,143
- Total Assets: $397.3M
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 | 2,143 | $397.3M | $20.7M | $15.3M |
| 2023 | 2,130 | $351.3M | $13.5M | $19.0M |
| 2022 | 1,925 | $295.0M | $12.4M | $17.2M |
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 |
|---|---|---|---|---|
| REA AND ASSOCIATES, INC | Auditor | $28,000 | — | $28,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REA AND ASSOCIATES, INC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,000
- Estimated Expense Ratio: 0.007% 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 | $710,474 | $245,315 | — | $28,000 | — |
| 2023 | $606,443 | $188,709 | — | $5,000 | — |
| 2022 | $453,382 | $251,757 | — | — | $32,787 |