Plan Snapshot
- Plan Sponsor: Nippon Shokubai America Industries, INC.
- Sponsor EIN: 510306007
- Sponsor Address: 2651 RIVERPORT ROAD, CHATTANOOGA, TN, 37406
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $16.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 134 | $16.5M | $539,044 | $1.0M |
| 2023 | 121 | $12.9M | $506,228 | $1.0M |
| 2022 | 104 | $10.1M | $527,352 | $944,657 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS CO | RECORDKEEPER | $57,831 | — | $57,831 |
| MERRILL LYNCH LIFE AGENCY, INC. | INVESTMENT ADVISORY-PLAN | $43,635 | — | $43,635 |
| COULTER & JUSTUS, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — RECORDKEEPER
- MERRILL LYNCH LIFE AGENCY, INC. — INVESTMENT ADVISORY-PLAN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,466
- Estimated Expense Ratio: 0.617% 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 | $104,260 | — | $104,260 | — | — |
| 2023 | $78,785 | — | $78,785 | — | — |
| 2022 | $73,822 | — | — | — | $73,822 |