Plan Snapshot
- Plan Sponsor: Shi International Corp
- Sponsor EIN: 223009648
- Sponsor Address: 290 DAVIDSON AVENUE, SOMERSET, NJ, 08873
- Plan Type: 401(k)
- Total Participants: 5,552
- Total Assets: $850.2M
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 | 5,552 | $850.2M | $12.6M | $62.4M |
| 2023 | 6,474 | $672.7M | $14.1M | $59.8M |
| 2022 | 5,126 | $495.1M | $7.9M | $52.2M |
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 | $254,317 | — | $254,317 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $195,707 | — | $195,707 |
| COHNREZNICK LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $450,024
- Estimated Expense Ratio: 0.053% 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 | $570,066 | $195,707 | $600 | — | — |
| 2023 | $530,414 | $188,107 | $300 | — | — |
| 2022 | $545,803 | $192,441 | — | — | — |