Plan Snapshot
- Plan Sponsor: Toray Plastics America, INC.
- Sponsor EIN: 050353346
- Sponsor Address: 50 BELVER AVE, NORTH KINGSTOWN, RI, 02852
- Plan Type: 401(k)
- Total Participants: 1,828
- Total Assets: $358.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,828 | $358.1M | $5.3M | $14.7M |
| 2023 | 1,764 | $311.7M | $4.9M | $13.9M |
| 2022 | 1,717 | $262.5M | $4.8M | $13.1M |
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 |
|---|---|---|---|---|
| KAHN, LITWIN, RENZA & CO., LTD | Auditor | $32,706 | — | $32,706 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,706
- Estimated Expense Ratio: 0.009% 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 | $392,822 | $41,859 | $318,257 | $32,706 | — |
| 2023 | $353,424 | $12,631 | $310,343 | $30,450 | — |
| 2022 | $342,962 | $46,894 | $296,068 | — | — |