Plan Snapshot
- Plan Sponsor: Polygon Us Corporation
- Sponsor EIN: 272892115
- Sponsor Address: 15 SHARPNERS POND ROAD BLDG F, NORTH ANDOVER, MA, 01845
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 205
- Total Assets: $22.2M
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. |
|---|---|---|---|---|
| 2025 | 205 | $22.2M | $0 | $0 |
| 2024 | 148 | $18.5M | $510,995 | $1.0M |
| 2023 | 140 | $17.9M | $505,303 | $933,588 |
| 2022 | 130 | $14.9M | $488,329 | $932,724 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS | Investment Advisor | $13,990 | — | $13,990 |
| ADP, INC. | Recordkeeper | $5,825 | — | $5,825 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,815
- Estimated Expense Ratio: 0.089% 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 |
|---|---|---|---|---|---|
| 2025 | $887,580 | $13,990 | — | — | — |
| 2024 | $20,992 | $14,009 | — | — | — |
| 2023 | $17,847 | $14,000 | — | — | — |
| 2022 | $17,121 | — | — | — | — |