Plan Snapshot
- Plan Sponsor: Sekisui America Corporation
- Sponsor EIN: 274058664
- Sponsor Address: 1 WALL STREET, BURLINGTON, MA, 01803
- Plan Type: 401(k)
- Total Participants: 355
- Total Assets: $48.1M
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 | 355 | $48.1M | $1.9M | $3.1M |
| 2023 | 328 | $43.2M | $1.6M | $2.7M |
| 2022 | 253 | $37.3M | $1.7M | $2.7M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | NONE | $80,579 | — | $80,579 |
| PRIME CAPITAL INVESTMENT ADVISORS L | NONE | $32,099 | — | $32,099 |
| CRR, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $112,678
- Estimated Expense Ratio: 0.234% 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 | $112,678 | $32,099 | — | — | — |
| 2023 | $97,289 | $31,569 | — | — | — |
| 2022 | $76,503 | $71,756 | $4,747 | — | — |