Plan Snapshot
- Plan Sponsor: Hanger, INC.
- Sponsor EIN: 840904275
- Sponsor Address: 10910 DOMAIN DRIVE, AUSTIN, TX, 78758
- Plan Type: 401(k)
- Total Participants: 6,847
- Total Assets: $709.2M
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 | 6,847 | $709.2M | $11.4M | $42.9M |
| 2023 | 6,055 | $601.2M | $9.0M | $36.7M |
| 2022 | 5,681 | $501.3M | $15.0M | $33.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $503,388 | — | $503,388 |
| MORGAN STANLEY | INVESTMENT ADVISOR | $169,291 | — | $169,291 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $90,029 | — | $90,029 |
| WEAVER AND TIDWELL LLP | ACCOUNTANT/AUDITOR | $19,950 | — | $19,950 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MORGAN STANLEY — INVESTMENT ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- WEAVER AND TIDWELL LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $782,658
- Estimated Expense Ratio: 0.110% 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 | $786,248 | $90,029 | $900 | $19,950 | — |
| 2023 | $722,651 | $162,042 | $1,200 | $21,263 | — |
| 2022 | $656,105 | $20,029 | — | — | — |