Plan Snapshot
- Plan Sponsor: Takara Belmont Usa, INC.
- Sponsor EIN: 131843773
- Sponsor Address: 101 BELMONT DR, SOMERSET, NJ, 08873
- Plan Type: 401(k)
- Total Participants: 45
- Total Assets: $6.9M
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 | 45 | $6.9M | $357,140 | $417,401 |
| 2023 | 89 | $9.7M | $501,305 | $567,934 |
| 2022 | 90 | $8.4M | $414,645 | $513,793 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS | SERVICE PROVIDER | $22,738 | — | $22,738 |
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $15,196 | — | $15,196 |
| MAILLIE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS — SERVICE PROVIDER
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- MAILLIE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,934
- Estimated Expense Ratio: 0.547% 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 | $39,813 | — | $39,813 | — | — |
| 2023 | $30,600 | $28,205 | — | — | — |
| 2022 | $29,498 | — | — | — | — |