Plan Snapshot
- Plan Sponsor: Sysmex America INC
- Sponsor EIN: 364139882
- Sponsor Address: 577 APTAKISIC ROAD, LINCOLNSHIRE, IL, 600694325
- Plan Type: 401(k)
- Total Participants: 1,317
- Total Assets: $335.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,317 | $335.8M | $13.0M | $15.7M |
| 2023 | 1,282 | $283.6M | $12.5M | $14.2M |
| 2022 | 1,203 | $227.8M | $11.6M | $12.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $332,447 | $1,211 | $333,658 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | CONSULTANT | — | $48,000 | $48,000 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $381,658
- Estimated Expense Ratio: 0.114% 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 | $332,447 | — | $332,447 | — | — |
| 2023 | $268,786 | — | $268,786 | — | — |
| 2022 | $245,965 | — | $245,965 | — | — |