Plan Snapshot
- Plan Sponsor: Viscofan Usa, INC.
- Sponsor EIN: 631196441
- Sponsor Address: 915 N. MICHIGAN AVENUE, DANVILLE, IL, 61834
- Plan Type: 401(k)
- Total Participants: 487
- Total Assets: $41.6M
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 | 487 | $41.6M | $645,787 | $1.4M |
| 2023 | 535 | $40.1M | $695,557 | $1.4M |
| 2022 | 242 | $24.9M | $431,321 | $1.0M |
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 |
|---|---|---|---|---|
| TRUIST BANK | Other Service Provider | $54,636 | — | $54,636 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $29,637 | — | $29,637 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,273
- Estimated Expense Ratio: 0.203% 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 | $84,349 | $59,079 | — | — | — |
| 2023 | $111,618 | $61,778 | — | — | — |
| 2022 | $54,637 | $26,393 | — | — | — |