Plan Snapshot
- Plan Sponsor: Hall Drilling, LLC
- Sponsor EIN: 204722143
- Sponsor Address: 1137 E. WASHINGTON AVENUE, ELLENBORO, WV, 26346
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $11.0M
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. |
|---|---|---|---|---|
| 2024 | 324 | $11.0M | $833,543 | $1.0M |
| 2023 | 328 | $9.2M | $831,225 | $996,869 |
| 2022 | 334 | $6.9M | $758,642 | $911,071 |
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 |
|---|---|---|---|---|
| ALLIANCE PENSION CONSULTANTS, LLC | Recordkeeper | $38,450 | — | $38,450 |
| CBIZ INVESTMENT ADVISORY SERVICES | Investment Advisor | $13,318 | — | $13,318 |
| CBIZ BENEFITS AND INSURANCE SERVICE | Investment Advisor | $9,190 | — | $9,190 |
| CHARLES SCHWAB TRUST BANK | Custodian / Trustee | — | $5,974 | $5,974 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,932
- Estimated Expense Ratio: 0.610% 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 | $60,957 | $22,507 | — | — | — |
| 2023 | $60,448 | $23,596 | — | — | — |
| 2022 | $52,397 | $23,584 | — | — | $28,813 |