Plan Snapshot
- Plan Sponsor: Sika Corporation
- Sponsor EIN: 221594831
- Sponsor Address: 201 POLITO AVE, LYNDHURST, NJ, 70713
- Plan Type: 401(k)
- Total Participants: 3,380
- Total Assets: $535.8M
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 | 3,380 | $535.8M | $12.0M | $20.3M |
| 2023 | 2,372 | $368.1M | $10.0M | $16.7M |
| 2022 | 2,357 | $313.5M | $9.2M | $15.1M |
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 | RECORDKEEPER | $229,083 | — | $229,083 |
| MERCER (US) INC MERCER INVESTMENTS | INVESTMENT ADVISOR | $65,000 | — | $65,000 |
| WITHUMSMITH+BROWN, PC | AUDITOR | $19,760 | — | $19,760 |
| WITHUM SMITH AND BROWN PC | Auditor | $19,760 | — | $19,760 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH AND BROWN PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $333,603
- Estimated Expense Ratio: 0.062% 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 | $286,190 | $65,000 | — | $19,760 | — |
| 2023 | $260,547 | $65,200 | $194,841 | — | — |
| 2022 | $166,924 | $65,000 | $79,679 | — | $18,720 |