Plan Snapshot
- Plan Sponsor: Haier Us Appliance Solutions, INC.
- Sponsor EIN: 811692501
- Sponsor Address: 4000 BUECHEL BANK ROAD, LOUISVILLE, KY, 40225
- Plan Type: 401(k)
- Total Participants: 5,568
- Total Assets: $840.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 5,568 | $840.2M | $39.2M | $53.7M |
| 2023 | 5,748 | $701.1M | $37.1M | $50.6M |
| 2022 | 5,604 | $557.7M | $38.6M | $51.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $363,569 | — | $363,569 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $192,288 | — | $192,288 |
| CAPFINANCIAL PARTNERS, LLC | Investment Advisor | $53,797 | — | $53,797 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $609,654
- Estimated Expense Ratio: 0.073% 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 | $613,124 | $192,288 | $1,800 | — | — |
| 2023 | $585,121 | $144,240 | $300 | — | — |
| 2022 | $604,438 | $126,677 | — | — | — |