Plan Snapshot
- Plan Sponsor: Usan, INC.
- Sponsor EIN: 581817028
- Sponsor Address: 2160 KINGSTON COURT, MARIETTA, GA, 30067
- Plan Type: DC
- Total Participants: 165
- Total Assets: $28.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 165 | $28.4M | $0 | $1.9M |
| 2023 | 169 | $24.3M | $0 | $1.7M |
| 2022 | 143 | $19.8M | $0 | $1.5M |
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 |
|---|---|---|---|---|
| CBIZ INVESTMENT ADVISORY SERVICES | Investment Advisor | $39,425 | — | $39,425 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $19,903 | — | $19,903 |
| CBIZ BENEFITS & INS SERVICES INC | Other Service Provider | $13,267 | — | $13,267 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,595
- Estimated Expense Ratio: 0.256% 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 | $79,336 | $39,425 | $20,008 | — | — |
| 2023 | $67,364 | -$2,553 | $69,917 | — | — |
| 2022 | $75,678 | — | $75,678 | — | — |