Plan Snapshot
- Plan Sponsor: Hanover Direct, INC.
- Sponsor EIN: 130853260
- Sponsor Address: 2929 AIRPORT DRIVE, LA CROSSE, WI, 54603
- Plan Type: 401(k)
- Total Participants: 27
- Total Assets: $10.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 27 | $10.5M | $0 | $40,751 |
| 2023 | 35 | $10.8M | $0 | $32,747 |
| 2022 | 37 | $10.2M | $0 | $28,139 |
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 |
|---|---|---|---|---|
| RICCI AND COMPANY, CPA, P.C | 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 | $11,220 | — | — | — | — |
| 2023 | $5,779 | — | — | — | — |
| 2022 | $26,930 | — | — | — | — |