Plan Snapshot
- Plan Sponsor: Prysmian Cables And Systems (Us) INC.
- Sponsor EIN: 571061511
- Sponsor Address: 4 TESSENEER DR, HIGHLAND HEIGHTS, KY, 41076
- Plan Type: 401(k)
- Total Participants: 5,471
- Total Assets: $703.3M
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 | 5,471 | $703.3M | $19.6M | $28.3M |
| 2023 | 5,275 | $638.4M | $18.0M | $25.8M |
| 2022 | 5,115 | $564.3M | $17.0M | $23.9M |
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 | $375,856 | — | $375,856 |
| HIGHLAND CONSULTING ASSOCIATES, IN | CONSULTANT | $83,802 | — | $83,802 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $41,971 | — | $41,971 |
| ELLIOTT DAVIS, LLC/PLLC | ACCOUNTANT/AUDITOR | $27,650 | — | $27,650 |
| ELLIOTT DAVIS LLC | Auditor | $27,650 | — | $27,650 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- ELLIOTT DAVIS, LLC/PLLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $556,929
- Estimated Expense Ratio: 0.079% 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 | $529,279 | $41,971 | $3,600 | $27,650 | — |
| 2023 | $491,359 | $12,074 | $1,800 | $25,580 | — |
| 2022 | $531,784 | — | — | — | — |