Plan Snapshot
- Plan Sponsor: Puig North America, INC.
- Sponsor EIN: 131978157
- Sponsor Address: 501 SEVENTH AVENUE, 17TH FLOOR, NEW YORK CITY, NY, 10018
- Plan Type: 401(k)
- Total Participants: 507
- Total Assets: $34.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 507 | $34.1M | $1.0M | $2.6M |
| 2023 | 174 | $27.8M | $854,503 | $2.0M |
| 2022 | 171 | $22.2M | $700,045 | $1.6M |
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 | $41,304 | — | $41,304 |
| CBIZ CPAS P.C. | ACCOUNTANT/AUDITOR | $37,128 | — | $37,128 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,432
- Estimated Expense Ratio: 0.230% 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 | $78,432 | — | — | $37,128 | — |
| 2023 | $54,574 | — | — | $21,500 | — |
| 2022 | $35,500 | — | — | — | — |