Plan Snapshot
- Plan Sponsor: Syensqo Usa LLC
- Sponsor EIN: 223539954
- Sponsor Address: 2564 US HIGHWAY 1, LAWRENCE, NJ, 08648
- Plan Type: 401(k)
- Total Participants: 6,393
- Total Assets: $1.7B
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 | 6,393 | $1.7B | $50.3M | $58.4M |
| 2023 | 6,387 | $1.6B | $57.2M | $65.8M |
| 2022 | 5,615 | $1.8B | $55.0M | $63.5M |
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 |
|---|---|---|---|---|
| M LYNCH, PIERCE, FENNER, AND SMITH | N/A | $361,644 | $41,388 | $403,032 |
| CURCIO WEBB | N/A | $101,730 | — | $101,730 |
| RSM US LLP | N/A | $48,517 | — | $48,517 |
| NEWPORT TRUST COMPANY | N/A | $16,000 | — | $16,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — N/A
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $569,279
- Estimated Expense Ratio: 0.033% 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 | $497,561 | — | $497,561 | — | — |
| 2023 | $565,005 | $524,008 | — | $40,997 | — |
| 2022 | $640,735 | — | — | — | $640,735 |