Plan Snapshot
- Plan Sponsor: Haeco Americas
- Sponsor EIN: 650665658
- Sponsor Address: 623 RADAR RD, GREENSBORO, NC, 27410
- Plan Type: 401(k)
- Total Participants: 1,837
- Total Assets: $94.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,837 | $94.0M | $2.7M | $9.0M |
| 2023 | 1,822 | $104.7M | $2.8M | $9.4M |
| 2022 | 1,826 | $91.5M | $1.4M | $8.6M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | $17,850 | — | $17,850 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,850
- Estimated Expense Ratio: 0.019% 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 | $303,775 | $47,932 | — | $17,850 | — |
| 2023 | $303,456 | $86,679 | $600 | $19,425 | — |
| 2022 | $355,098 | $48,324 | — | — | — |