Plan Snapshot
- Plan Sponsor: Noritz America Corporation
- Sponsor EIN: 010550443
- Sponsor Address: 11160 GRACE AVENUE, FOUNTAIN VALLEY, CA, 927085436
- Plan Type: 401(k)
- Total Participants: 145
- Total Assets: $16.1M
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 | 145 | $16.1M | $419,132 | $666,507 |
| 2023 | 140 | $13.3M | $361,669 | $582,532 |
| 2022 | 134 | $11.0M | $381,522 | $606,155 |
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 |
|---|---|---|---|---|
| LENNY YEH | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2,005 | — | — | — | — |
| 2023 | $1,188 | — | — | — | — |
| 2022 | $944 | — | — | — | — |