Plan Snapshot
- Plan Sponsor: Tubescience Usa, INC.
- Sponsor EIN: 812753826
- Sponsor Address: 655 S SANTA FE AVE, LOS ANGELES, CA, 90021
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $5.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 116 | $5.2M | $240,930 | $725,237 |
| 2023 | 124 | $4.2M | $199,831 | $662,050 |
| 2022 | 129 | $3.0M | $260,372 | $765,406 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Recordkeeper | $47,517 | — | $47,517 |
| BURNHAM GIBSON WEALTH ADVISORS, LLC | Other Service Provider | — | $24,707 | $24,707 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,224
- Estimated Expense Ratio: 1.384% 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 | $47,517 | — | $47,367 | — | — |
| 2023 | $54,395 | — | $41,195 | — | — |
| 2022 | $37,185 | — | — | — | — |