Plan Snapshot
- Plan Sponsor: Sibelco North America, INC.
- Sponsor EIN: 364896324
- Sponsor Address: 13024 BALLANTYNE CORPORATE PL, CHARLOTTE, NC, 28277
- Plan Type: 401(k)
- Total Participants: 444
- Total Assets: $54.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 444 | $54.2M | $2.9M | $3.0M |
| 2023 | 383 | $45.4M | $2.4M | $2.4M |
| 2022 | 303 | $36.9M | $1.9M | $2.0M |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
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 | $25,719 | $12,409 | $13,310 | — | — |
| 2023 | $18,295 | $8,291 | $10,004 | — | — |
| 2022 | $35,292 | $24,070 | $11,222 | — | — |