Plan Snapshot
- Plan Sponsor: Hamister Group, LLC
- Sponsor EIN: 161597110
- Sponsor Address: 10 LAFAYETTE SQUARE, STE 1900, BUFFALO, NY, 142031824
- Plan Type: 401(k)
- Total Participants: 1,143
- Total Assets: $10.4M
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 | 1,143 | $10.4M | $171,558 | $1.2M |
| 2023 | 831 | $8.8M | $148,227 | $970,348 |
| 2022 | 615 | $7.0M | $108,937 | $655,934 |
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 |
|---|---|---|---|---|
| CHIAMPOU TRAVIS BESAW & KERSHNER | 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 | $37,806 | — | $37,806 | — | — |
| 2023 | $22,382 | — | $22,382 | — | — |
| 2022 | $34,654 | — | $34,654 | — | — |