Plan Snapshot
- Plan Sponsor: Nissen Chemitec America
- Sponsor EIN: 311244390
- Sponsor Address: 350 E. HIGH STREET, LONDON, OH, 431409773
- Plan Type: 401(k)
- Total Participants: 337
- Total Assets: $3.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 337 | $3.6M | $0 | $343,455 |
| 2023 | 350 | $3.0M | $0 | $350,216 |
| 2022 | 275 | $2.5M | $0 | $295,904 |
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 |
|---|---|---|---|---|
| NATIONWIDE | SERVICE PROVIDER | $17,814 | $1,507 | $19,321 |
| LATITDE SERVICE COMPANY, INC. | TPA | $16,242 | $1,507 | $17,749 |
| EVERHART ADVISORS | INVESTMENT ADVISORY | $15,049 | — | $15,049 |
| CLARK, SCHAEFER, HACKETT & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — SERVICE PROVIDER
- EVERHART ADVISORS — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,119
- Estimated Expense Ratio: 1.443% 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 | $33,613 | — | $33,613 | — | — |
| 2023 | $29,088 | — | $29,088 | — | — |
| 2022 | $32,030 | — | $32,030 | — | — |