Plan Snapshot
- Plan Sponsor: H.C. Employees, LLC
- Sponsor EIN: 161647696
- Sponsor Address: 2252 NORTH BROADWAY, MOORE, OK, 73160
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $8.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 121 | $8.3M | $385,282 | $563,992 |
| 2023 | 125 | $6.7M | $339,364 | $531,691 |
| 2022 | 111 | $5.1M | $318,986 | $533,048 |
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 RETIREMENT & BENEFIT | Other Service Provider | $27,485 | — | $27,485 |
| ASCENSUS LLC | Other Service Provider | $19,300 | — | $19,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,785
- Estimated Expense Ratio: 0.566% 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 | $46,785 | $27,485 | $19,300 | — | — |
| 2023 | $37,185 | $21,298 | $15,887 | — | — |
| 2022 | $37,899 | $19,834 | $18,065 | — | — |