Plan Snapshot
- Plan Sponsor: Nexans Usa INC.
- Sponsor EIN: 562212188
- Sponsor Address: 1716 BUSHY PARK RD, GOOSE CREEK, SC, 29445
- Plan Type: 401(k)
- Total Participants: 598
- Total Assets: $112.4M
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 | 598 | $112.4M | $5.1M | $3.2M |
| 2023 | 567 | $101.2M | $4.6M | $2.8M |
| 2022 | 526 | $90.8M | $3.7M | $2.4M |
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 | $110,926 | — | $110,926 |
| DCPAS, LLC | NONE | $39,500 | — | $39,500 |
| CREATIVE PLANNING HOLDCO LLC | NONE | $24,938 | — | $24,938 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- DCPAS, LLC — NONE
- CREATIVE PLANNING HOLDCO LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $175,364
- Estimated Expense Ratio: 0.156% 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 | $214,914 | $79,598 | — | $39,500 | — |
| 2023 | $118,538 | $9,306 | $19,500 | — | — |
| 2022 | $214,559 | $6,794 | — | — | $116,098 |