Plan Snapshot
- Plan Sponsor: Yusen Holding Company, INC.
- Sponsor EIN: 043459585
- Sponsor Address: 263 WINN STREET, BURLINGTON, MA, 01803
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 201
- Total Assets: $22.8M
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. |
|---|---|---|---|---|
| 2025 | 201 | $22.8M | $0 | $0 |
| 2024 | 161 | $16.8M | $376,751 | $1.3M |
| 2023 | 148 | $13.5M | $371,034 | $1.2M |
| 2022 | 141 | $11.1M | $319,368 | $1.1M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $42,608 | — | $42,608 |
| EMPOWER ANNUITY INS COMPANY OF AMER | Recordkeeper | $42,036 | — | $42,036 |
| NBT BANK NA DBA TPA EXPERTS | Other Service Provider | $1,100 | $10,000 | $11,100 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,744
- Estimated Expense Ratio: 0.421% 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 |
|---|---|---|---|---|---|
| 2025 | $1,293,768 | — | $84,449 | — | — |
| 2024 | $68,581 | — | $68,581 | — | — |
| 2023 | $80,232 | — | $80,232 | — | — |
| 2022 | $85,588 | — | $85,588 | — | — |