Plan Snapshot
- Plan Sponsor: Oerlikon Usa Holding, INC.
- Sponsor EIN: 952549713
- Sponsor Address: 1101 PROSPECT AVENUE, WESTBURY, NY, 11590
- Plan Type: 401(k)
- Total Participants: 1,240
- Total Assets: $219.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,240 | $219.7M | $5.1M | $9.4M |
| 2023 | 1,230 | $191.2M | $5.0M | $9.0M |
| 2022 | 1,270 | $159.0M | $4.3M | $8.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $130,189 | — | $130,189 |
| RESOURCES INVESTMENT ADVISORS LLC | Recordkeeper | $80,000 | — | $80,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $39,906 | — | $39,906 |
| HANCOCK ASKEW & CO., LLP | Auditor | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- RESOURCES INVESTMENT ADVISORS LLC — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $267,095
- Estimated Expense Ratio: 0.122% 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 | $267,941 | $39,906 | $300 | $17,000 | — |
| 2023 | $350,688 | $38,602 | $300 | $30,500 | — |
| 2022 | $296,287 | $40,075 | — | — | — |