Plan Snapshot
- Plan Sponsor: Van Hessen Usa INC.
- Sponsor EIN: 363468342
- Sponsor Address: 4420 S. WOLCOTT AVE., CHICAGO, IL, 60609
- Plan Type: 401(k)
- Total Participants: 212
- Total Assets: $3.6M
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 | 212 | $3.6M | $66,222 | $273,955 |
| 2023 | 195 | $3.0M | $63,463 | $227,998 |
| 2022 | 183 | $2.5M | $61,006 | $188,577 |
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 |
|---|---|---|---|---|
| CMR BENEFITS GROUP INC | Other Service Provider | $15,381 | — | $15,381 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,381
- Estimated Expense Ratio: 0.430% 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 | $15,381 | — | — | — | — |
| 2023 | $12,544 | — | — | — | — |
| 2022 | $12,691 | — | $12,691 | — | — |