# Nexans Usa INC. DB Plan
Source: https://planprovider.pro/companies/nexans-usa-inc-plan-001

> Nexans Usa INC.'s DB plan: 3 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:** 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](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [DAVIS & COMPANY CPA](https://planprovider.pro/provider/davis-law-llc) — 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|

## Similar Plans

- [Nexans Usa INC.](https://planprovider.pro/companies/nexans-usa-inc-401k-plan) — 598 participants

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