Plan Snapshot
- Plan Sponsor: Sharp Electronics Corporation
- Sponsor EIN: 131968872
- Sponsor Address: 100 PARAGON DR, MONTVALE, NJ, 07645
- Plan Type: DB
- Plan Number: 001
- Total Participants: 110
- Total Assets: $49.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 110 | $49.8M | $0 | $0 |
| 2023 | 116 | $61.5M | $0 | $0 |
| 2022 | 119 | $86.8M | $0 | $0 |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | Recordkeeper | $133,510 | — | $133,510 |
| SUN LIFE CAPITAL MGMT US LLC | Other Service Provider | $68,322 | — | $68,322 |
| CAPTRUST ADVISORS LLC | Investment Advisor | $41,528 | — | $41,528 |
| PKF O'CONNOR DAVIES, LLP | Other Service Provider | $14,500 | — | $14,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — Recordkeeper
- CAPTRUST ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $257,860
- Estimated Expense Ratio: 0.518% 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 | $702,681 | $93,305 | — | $14,500 | — |
| 2023 | $862,134 | $134,125 | — | $14,665 | — |
| 2022 | $1,127,432 | — | — | — | $216,617 |