Prysmian Cables and Sys USA retirement plan: assets, participants and fees
What Prysmian Cables and Sys USA's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Management Co | Schedule C ↗ |
| Independent auditor | Elliott Davis, LLC, (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 451 pension plans in manufacturing with 1,000 to 4,999 participants.
| Prysmian Cables and Sys USA: employer contribution per participant | $1,382 | |
| Peer median | $1,502 |
| Prysmian Cables and Sys USA: average balance | $44,258 | |
| Peer median | $72,786 |
| Prysmian Cables and Sys USA: admin expenses ÷ assets | 2.17% | |
| Peer median | 0.67% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $125M at the end of plan year 2021 to $76M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,718 | $76M | $2.4M | $1,382 | 2.17% | Not published | Form 5500 ↗ |
| 2023 | 1,733 | $79.4M | $2M | $1,181 | 2.26% | Not published | Form 5500 ↗ |
| 2022 | 1,320 | $65.5M | — | — | 1.35% | Not published | Form 5500 ↗ |
| 2021 | 2,906 | $125M | $688K | $237 | 1.07% | Not published | Form 5500 ↗ |
Common questions
Does Prysmian Cables and Sys USA match 401(k) contributions?
The match terms for the Prysmian Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $2.4M in employer contributions, about $1,382 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Prysmian Cables and Sys USA 401(k) match vested?
The vesting schedule for the Prysmian Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Prysmian Cables and Sys USA 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Management Co. The plan administrator is Prysmian Cables and Sys USA, LLC.
I left Prysmian Cables and Sys USA. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Prysmian Cables and Sys USA, LLC, (859) 572-8000) or the recordkeeper, Fidelity Management Co. The Prysmian Cables and Sys USA old 401(k) page lists the contacts from every plan filing. Find an old Prysmian Cables and Sys USA 401(k)
Data from the public Form 5500 annual reports Prysmian Cables and Sys USA filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Prysmian Cables and Sys USA. Not financial advice. Report a correction · Methodology