Plan Snapshot
- Plan Sponsor: Hamilton Beach Brands, INC.
- Sponsor EIN: 953959553
- Sponsor Address: 4421 WATERFRONT DRIVE, GLENN ALLEN, VA, 23060
- Plan Type: DB
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 0 | $13.5M | $0 | $0 |
| 2023 | 22 | $25.2M | $0 | $0 |
| 2022 | 42 | $26.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | $6,200 | — | $6,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,200
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 |
|---|---|---|---|---|---|
| 2025 | — | — | — | — | — |
| 2024 | $621,445 | $23,716 | — | $6,200 | — |
| 2023 | $361,779 | $59,122 | — | $24,075 | — |
| 2022 | $1,237,787 | $42,115 | — | — | $948,186 |