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: 4,559
- Total Assets: $245.5M
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 | 4,559 | $245.5M | $14.1M | $18.4M |
| 2023 | 4,578 | $210.9M | $13.7M | $17.7M |
| 2022 | 4,258 | $167.3M | $12.4M | $16.5M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $464,644 | $49,529 | $300 | — | — |
| 2023 | $461,204 | $37,105 | $900 | — | — |
| 2022 | $454,322 | $33,100 | — | — | — |