Plan Snapshot
- Plan Sponsor: Panasonic Energy Corporation Of America
- Sponsor EIN: 223122190
- Sponsor Address: ONE PANASONIC DRIVE, COLUMBUS, GA, 319073051
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $21.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 161 | $21.8M | $439,401 | $677,335 |
| 2023 | 179 | $19.6M | $434,074 | $661,121 |
| 2022 | 203 | $17.2M | $485,797 | $720,922 |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | 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 | $75,283 | $30,895 | $44,388 | — | — |
| 2023 | $70,878 | $30,895 | $39,983 | — | — |
| 2022 | $66,595 | $30,895 | $35,700 | — | — |