Plan Snapshot
- Plan Sponsor: Haraden Motor Car Corporation
- Sponsor EIN: 141602363
- Sponsor Address: 175 FREEMANS BRIDGE ROAD, SCOTIA, NY, 123023510
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 400
- Total Assets: $24.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 400 | $24.8M | $0 | $0 |
| 2024 | 329 | $19.9M | $215,645 | $2.1M |
| 2023 | 313 | $15.6M | $207,636 | $2.0M |
| 2022 | 233 | $11.5M | $177,884 | $1.6M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $88,569 | — | $88,569 |
| HEALTHCARE COMMUNITY SECURITIES COR | Other Service Provider | — | $44,042 | $44,042 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $132,611
- Estimated Expense Ratio: 0.534% 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 | $1,461,597 | — | $87,219 | — | — |
| 2024 | $75,208 | — | $74,308 | — | — |
| 2023 | $56,192 | — | $55,492 | — | — |
| 2022 | $44,884 | — | — | — | — |