Plan Snapshot
- Plan Sponsor: Hapo Community Credit Union
- Sponsor EIN: 911792217
- Sponsor Address: 601 WILLIAMS BLVD., RICHLAND, WA, 99352
- Plan Type: 401(k)
- Total Participants: 514
- Total Assets: $29.7M
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. |
|---|---|---|---|---|
| 2024 | 514 | $29.7M | $764,967 | $2.2M |
| 2023 | 487 | $25.7M | $717,117 | $2.1M |
| 2022 | 476 | $21.9M | $634,902 | $1.9M |
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 |
|---|---|---|---|---|
| PETERSEN HASTINGS INVESTMENT MGMT | NONE | $111,643 | — | $111,643 |
| RANDALL & HURLEY, INC. | NONE | $27,066 | — | $27,066 |
| MATRIX TRUST COMPANY | NONE | $14,003 | — | $14,003 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PETERSEN HASTINGS INVESTMENT MGMT — NONE
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $152,712
- Estimated Expense Ratio: 0.514% 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 | $152,712 | $111,643 | $27,066 | — | — |
| 2023 | $134,101 | $97,197 | $26,868 | — | — |
| 2022 | $130,005 | $110,222 | $19,783 | — | — |