Plan Snapshot
- Plan Sponsor: 1-800 Hansons, LLC
- Sponsor EIN: 261358146
- Sponsor Address: 977 E 14 MILE RD, TROY, MI, 48083
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $3.7M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 190 | $3.7M | $69,419 | $519,686 |
| 2023 | 136 | $3.2M | $35,045 | $433,161 |
| 2022 | 125 | $2.7M | $33,912 | $458,658 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $29,612 | — | $29,612 |
| RAYMOND JAMES FINANCIAL SERVICE | Investment Advisor | $8,131 | — | $8,131 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- RAYMOND JAMES FINANCIAL SERVICE — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,743
- Estimated Expense Ratio: 1.012% 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 | $37,744 | — | — | — | — |
| 2023 | $24,751 | — | — | — | — |
| 2022 | $28,497 | — | — | — | — |