Plan Snapshot
- Plan Sponsor: Voith Us INC.
- Sponsor EIN: 392042166
- Sponsor Address: PO BOX 15639, YORK, PA, 17405
- Plan Type: 401(k)
- Total Participants: 1,686
- Total Assets: $419.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,686 | $419.0M | $10.5M | $14.2M |
| 2023 | 1,686 | $378.0M | $11.8M | $13.5M |
| 2022 | 1,583 | $328.8M | $11.0M | $12.6M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $329,358 | — | $329,358 |
| SAGEVIEW ADVISORY GROUP, LLC | ADVISOR | $73,600 | — | $73,600 |
| MCKONLY & ASBURY | AUDITOR | $22,360 | — | $22,360 |
| ENVESTNET ASSET MANAGEMENT INC | ADVISOR | $15,988 | — | $15,988 |
| MCADAM LLC | ADVISOR | $8,556 | — | $8,556 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- SAGEVIEW ADVISORY GROUP, LLC — ADVISOR
- MCKONLY & ASBURY — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $449,862
- Estimated Expense Ratio: 0.107% 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 | $450,660 | $98,942 | — | $22,360 | — |
| 2023 | $407,342 | $92,643 | — | $21,710 | — |
| 2022 | $401,575 | $90,243 | — | — | $21,164 |