# Nexans Usa INC. 401(k) Plan
Source: https://planprovider.pro/companies/nexans-usa-inc-401k-plan

> Nexans Usa INC.&#39;s 401(k) plan: 598 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [DCPAS, LLC](https://planprovider.pro/provider/davis-law-llc) — NONE

- [CREATIVE PLANNING HOLDCO LLC](https://planprovider.pro/provider/creative-planning) — 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|

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

&copy; 2026 PlanProvider.Pro
