Plan Snapshot
- Plan Sponsor: Samsung C&T America, INC.
- Sponsor EIN: 132834199
- Sponsor Address: 105 CHALLENGER ROAD, 3RD FLOOR, RIDGEFIELD PARK, NJ, 07660
- Plan Type: 401(k)
- Total Participants: 439
- Total Assets: $29.6M
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 | 439 | $29.6M | $414,338 | $1.3M |
| 2023 | 418 | $27.7M | $373,054 | $1.5M |
| 2022 | 288 | $22.2M | $185,272 | $848,330 |
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 |
|---|---|---|---|---|
| WITHUM SMITH & BROWN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH & BROWN — Auditor
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 | $51,515 | — | — | — | — |
| 2023 | $7,819 | — | — | — | — |
| 2022 | $1,833 | — | — | — | — |