Plan Snapshot
- Plan Sponsor: Thyssenkrupp North America, LLC
- Sponsor EIN: 222393554
- Sponsor Address: 9450 SW GEMINI DR., BEAVERTON, OR, 97008
- Plan Type: 401(k)
- Total Participants: 2,545
- Total Assets: $384.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 2,545 | $384.0M | $7.4M | $13.4M |
| 2023 | 2,400 | $270.5M | $7.2M | $12.6M |
| 2022 | 2,588 | $224.5M | $6.6M | $11.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $188,675 | — | $188,675 |
| IRA GROUP | INVESTMENT ADVISOR | $39,596 | — | $39,596 |
| PLANTE & MORAN, PLLC | ACCOUNTANT/AUDITOR | $21,500 | — | $21,500 |
| SEYFARTH SHAW | ATTORNEY/LEGAL | $7,348 | — | $7,348 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- PLANTE & MORAN, PLLC — ACCOUNTANT/AUDITOR
- SEYFARTH SHAW — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $257,119
- Estimated Expense Ratio: 0.067% 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 | $257,119 | $39,596 | $2,400 | $21,500 | — |
| 2023 | $185,124 | $40,757 | $3,300 | $19,500 | — |
| 2022 | $117,255 | — | — | — | — |