# Mizkan America, INC. 401(k) Plan
Source: https://planprovider.pro/companies/mizkan-america-inc-401k-plan

> Mizkan America, INC.&#39;s 401(k) plan: 1,123 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mizkan America, INC.

- **Sponsor EIN:** 311224511

- **Sponsor Address:** 1661 FEEHANVILLE DR., MT PROSPECT, IL, 60056

- **Plan Type:** 401(k)

- **Total Participants:** 1,123

- **Total Assets:** $124.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|1,123|$124.1M|$4.4M|$7.5M|

| 2023|1,097|$110.8M|$4.2M|$7.3M|

| 2022|1,165|$94.9M|$3.9M|$7.0M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$137,623|—|$137,623|

| GLOBAL RETIREMENT PARTNERS LLC|ADVISOR|$36,000|—|$36,000|

| PLANTE MORAN|ACCOUNTANT/AUDITOR|$17,000|—|$17,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [GLOBAL RETIREMENT PARTNERS LLC](https://planprovider.pro/provider/global-retirement-partners-llc) — ADVISOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $190,623

- **Estimated Expense Ratio:** 0.154% 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|$190,623|$36,000|—|$17,000|—|

| 2023|$176,081|$36,000|$600|$16,000|—|

| 2022|$198,994|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/mizkan-america-inc-401k-plan)

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