Plan Snapshot
- Plan Sponsor: Nexans Usa INC.
- Sponsor EIN: 562212188
- Sponsor Address: 1716 BUSHY PARK RD, GOOSE CREEK, SC, 29445
- Plan Type: DB
- Total Participants: 3
- Total Assets: $37.1M
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 | 3 | $37.1M | $824,838 | $0 |
| 2023 | 3 | $34.8M | $1.1M | $0 |
| 2022 | 3 | $38.2M | $360,000 | $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, IN | NONE | $59,489 | — | $59,489 |
| DAVIS & COMPANY CPA | NONE | $28,400 | — | $28,400 |
| CREATIVE PLANNING HOLDCO LLC | NONE | $10,613 | — | $10,613 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES, IN — 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: $98,502
- Estimated Expense Ratio: 0.266% 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 | $357,515 | $10,613 | — | $28,400 | — |
| 2023 | $768,967 | — | — | $24,900 | — |
| 2022 | $604,823 | — | — | — | $33,904 |