Plan Snapshot
- Plan Sponsor: Haco U.S.
- Sponsor EIN: 134363906
- Sponsor Address: 145 N. WILLOW AVE., CITY OF INDUSTRY, CA, 91746
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $7.3M
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. |
|---|---|---|---|---|
| 2023 | 151 | $7.3M | $172,474 | $690,528 |
| 2022 | 141 | $6.6M | $145,976 | $595,423 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $53,046 | — | $53,046 |
| EEC ADMINISTRATION | TPA | — | $30,484 | $30,484 |
| MMA SECURITIES LLC | OTHER SERVICES | — | $10,240 | $10,240 |
| LEE CPA AUDIT GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITIES LLC — OTHER SERVICES
- LEE CPA AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,770
- Estimated Expense Ratio: 1.289% 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 |
|---|---|---|---|---|---|
| 2023 | $30,852 | — | — | — | — |
| 2022 | $34,269 | — | $34,269 | — | — |