Plan Snapshot
- Plan Sponsor: Hadco Metal Trading Co., LLC
- Sponsor EIN: 204094707
- Sponsor Address: 555 STATE ROAD, BENSALEM, PA, 19020
- Plan Type: 401(k)
- Total Participants: 223
- Total Assets: $9.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 223 | $9.2M | $326,704 | $1.0M |
| 2023 | 234 | $7.2M | $308,397 | $994,470 |
| 2022 | 217 | $5.3M | $339,863 | $993,698 |
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 CO | Recordkeeper | $64,689 | — | $64,689 |
| SBHU LIFE AGENCY INC | Investment Advisor | — | $38,539 | $38,539 |
| ASSOCIATED PENSION CONSULTANTS | Recordkeeper | $4,355 | $3,854 | $8,209 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SBHU LIFE AGENCY INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,437
- Estimated Expense Ratio: 1.207% 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 | $72,062 | — | $72,062 | — | — |
| 2023 | $59,333 | $3,056 | $56,277 | — | — |
| 2022 | $50,262 | — | $50,262 | — | — |