Plan Snapshot
- Plan Sponsor: Takasago International Corp. (Usa)
- Sponsor EIN: 132606972
- Sponsor Address: 4 VOLVO DRIVE-P.O. BOX 932, ROCKLEIGH, NJ, 07647
- Plan Type: 401(k)
- Total Participants: 471
- Total Assets: $119.1M
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 | 471 | $119.1M | $2.6M | $5.5M |
| 2023 | 448 | $105.9M | $1.9M | $5.1M |
| 2022 | 459 | $89.2M | $1.4M | $4.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $149,003 | — | $149,003 |
| LPL FINANCIAL | Investment Advisor | $132,569 | — | $132,569 |
| PRIME PENSIONS INC | Other Service Provider | $67,864 | — | $67,864 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | Investment Advisor | $41,771 | — | $41,771 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $35,436 | — | $35,436 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $426,643
- Estimated Expense Ratio: 0.358% 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 | $421,170 | — | — | — | — |
| 2023 | $360,906 | — | — | — | — |
| 2022 | $379,558 | $379,558 | — | — | — |