Plan Snapshot
- Plan Sponsor: Norican Group Us
- Sponsor EIN: 412084532
- Sponsor Address: 1606 EXECUTIVE DRIVE, LAGRANGE, GA, 30240
- Plan Type: 401(k)
- Total Participants: 234
- Total Assets: $36.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 234 | $36.2M | $695,764 | $1.7M |
| 2023 | 246 | $34.0M | $521,182 | $1.4M |
| 2022 | 236 | $26.8M | $482,964 | $1.3M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $49,812 | — | $49,812 |
| CREATIVE PLANNING | NONE | $47,824 | — | $47,824 |
| PLANTE & MORAN PLLC | NONE | $9,521 | — | $9,521 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- CREATIVE PLANNING — NONE
- PLANTE & MORAN PLLC — NONE
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,157
- Estimated Expense Ratio: 0.296% 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 | $109,176 | — | — | — | — |
| 2023 | $56,796 | — | — | — | — |
| 2022 | $48,396 | — | — | — | — |