Plan Snapshot
- Plan Sponsor: Nexans Energy Usa INC.
- Sponsor EIN: 561677808
- Sponsor Address: 1716 BUSHY PARK RD, GOOSE CREEK, SC, 29445
- Plan Type: DB
- Total Participants: 0
- Total Assets: $6.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $6.9M | $130,000 | $0 |
| 2023 | 0 | $6.7M | $112,000 | $0 |
| 2022 | 0 | $6.8M | $72,000 | $0 |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | NONE | $37,721 | — | $37,721 |
| DAVIS & COMPANY CPA | NONE | $28,400 | — | $28,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — NONE
- DAVIS & COMPANY CPA — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,121
- Estimated Expense Ratio: 0.954% 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 | $119,814 | $1,875 | — | $28,400 | — |
| 2023 | $183,540 | — | — | $22,900 | — |
| 2022 | $166,420 | — | — | — | $7,666 |