Plan Snapshot
- Plan Sponsor: Tomra Ny Recycling, LLC
- Sponsor EIN: 161532667
- Sponsor Address: ONE CORPORATE DRIVE SUITE 710, SHELTON, CT, 06484
- Plan Type: 401(k)
- Total Participants: 80
- Total Assets: $2.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 80 | $2.2M | $260,977 | $117,461 |
| 2023 | 69 | $2.0M | $238,759 | $98,887 |
| 2022 | 60 | $1.8M | $507,049 | $77,328 |
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 |
|---|---|---|---|---|
| PROCYON ADVISORS, LLC | Investment Advisor | $5,048 | — | $5,048 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,048
- Estimated Expense Ratio: 0.226% 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 | $9,048 | $5,048 | — | — | — |
| 2023 | $7,825 | $4,444 | — | — | — |
| 2022 | $7,802 | — | — | — | — |