Plan Snapshot
- Plan Sponsor: American Hydro
- Sponsor EIN: 232426636
- Sponsor Address: 135 STONEWOOD ROAD, EAST YORK, PA, 17402
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $23.9M
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 | 151 | $23.9M | $941,642 | $1.2M |
| 2023 | 156 | $23.5M | $593,118 | $453,545 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES & ASSOCIATES INC | Investment Advisor | $35,229 | — | $35,229 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $14,625 | — | $14,625 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,854
- Estimated Expense Ratio: 0.208% 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 | $51,340 | $36,715 | — | — | — |
| 2023 | $10,041 | $9,943 | — | — | — |