# Panasonic Energy Corporation Of America 401(k) Plan
Source: https://planprovider.pro/companies/panasonic-energy-corporation-of-america-401k-plan

> Panasonic Energy Corporation Of America's 401(k) plan: 161 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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