Plan Snapshot
- Plan Sponsor: Hansen Properties, INC.
- Sponsor EIN: 232707267
- Sponsor Address: 1401 MORRIS ROAD, BLUE BELL, PA, 19422
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 177
- Total Assets: $5.2M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 177 | $5.2M | $55,596 | $437,864 |
| 2022 | 161 | $4.1M | $41,721 | $449,562 |
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 |
|---|---|---|---|---|
| HERBEIN CPAS | Other Service Provider | $10,500 | — | $10,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,500
- Estimated Expense Ratio: 0.200% 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 |
|---|---|---|---|---|---|
| 2023 | $12,100 | — | $1,600 | $10,500 | — |
| 2022 | $12,225 | — | $1,975 | — | $10,250 |