Plan Snapshot
- Plan Sponsor: Tuv Sud America, INC.
- Sponsor EIN: 042951698
- Sponsor Address: 401 EDGEWATER PLACE, STE 500, WAKEFIELD, MA, 01880
- Plan Type: 401(k)
- Total Participants: 892
- Total Assets: $131.3M
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 | 892 | $131.3M | $1.6M | $5.6M |
| 2023 | 592 | $71.9M | $1.4M | $4.9M |
| 2022 | 541 | $58.9M | $1.5M | $4.6M |
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 | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $37,174 | $22,467 | $4,300 | — | — |
| 2023 | $40,705 | — | $3,775 | — | — |
| 2022 | $19,489 | — | — | — | — |