Plan Snapshot
- Plan Sponsor: Hanson Consulting Group, INC.
- Sponsor EIN: 263409805
- Sponsor Address: 1414 MARKET ST, KIRKLAND, WA, 98033
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 123
- Total Assets: $12.6M
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. |
|---|---|---|---|---|
| 2025 | 123 | $12.6M | $0 | $0 |
| 2024 | 98 | $11.6M | $368,745 | $865,543 |
| 2023 | 102 | $9.8M | $355,375 | $850,315 |
| 2022 | 106 | $7.3M | $345,847 | $812,989 |
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 |
|---|---|---|---|---|
| CHARLES SCHWAB TRUST BANK | Other Service Provider | — | $5,026 | $5,026 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,026
- Estimated Expense Ratio: 0.040% 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 |
|---|---|---|---|---|---|
| 2025 | $2,130,692 | — | — | — | — |
| 2024 | $4,215 | — | — | — | — |
| 2023 | $2,999 | — | $2,999 | — | — |
| 2022 | $3,455 | — | $3,455 | — | — |