Plan Snapshot
- Plan Sponsor: Vopak North America INC.
- Sponsor EIN: 591730241
- Sponsor Address: 2000 WEST LOOP SOUTH SUITE 1040, HOUSTON, TX, 77027
- Plan Type: 401(k)
- Total Participants: 401
- Total Assets: $65.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 401 | $65.6M | $1.7M | $4.0M |
| 2023 | 513 | $59.6M | $1.8M | $4.0M |
| 2022 | 370 | $52.4M | $1.6M | $4.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $47,240 | — | $47,240 |
| RAYMOND JAMES & ASSOCIATES INC | INVESTMENT ADVISOR | $34,000 | — | $34,000 |
| ADVISED ASSETS GROUP, LLC | INVESTMENT MGMT | $5,739 | — | $5,739 |
| WEINSTEIN SPIRA & CO. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,979
- Estimated Expense Ratio: 0.133% 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 | $88,432 | $39,739 | — | — | — |
| 2023 | $82,527 | $34,000 | $48,527 | — | — |
| 2022 | $82,986 | — | $47,961 | — | — |