Plan Snapshot
- Plan Sponsor: Hana Group Us, LLC
- Sponsor EIN: 300937526
- Sponsor Address: SUITE 300, 6390 HEDGEWOOD DRIVE, ALLENTOWN, PA, 18106
- Plan Type: 401(k)
- Total Participants: 867
- Total Assets: $4.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 867 | $4.4M | $55,061 | $602,379 |
| 2023 | 723 | $3.8M | $51,929 | $535,539 |
| 2022 | 677 | $3.1M | $61,952 | $602,275 |
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 |
|---|---|---|---|---|
| STERLING INVESTMENT ADVISORS | RIA | $20,178 | — | $20,178 |
| WITHUM, SMITH & BROWN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM, SMITH & BROWN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,178
- Estimated Expense Ratio: 0.459% 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 | $5,658 | $5,658 | — | — | — |
| 2023 | $1,430 | $1,430 | — | — | — |
| 2022 | $1,819 | — | — | — | $1,819 |