Plan Snapshot
- Plan Sponsor: Hargrove Holding Company, INC.
- Sponsor EIN: 881092407
- Sponsor Address: 20 SOUTH ROYAL STREET, MOBILE, AL, 36602
- Plan Type: DC
- Total Participants: 2,069
- Total Assets: $73.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,069 | $73.3M | $5.7M | $0 |
| 2023 | 2,007 | $56.2M | $5.2M | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL | PLAN ADMINISTRATOR | $85,352 | — | $85,352 |
| SHAREHOLDER STRATEGIES, INC. | VALUATION SERVICES | $61,403 | — | $61,403 |
| ARGENT TRUST | TRUSTEE | $38,354 | — | $38,354 |
| CHARLES SCHWAB | OTHER SERVICES | $24,277 | — | $24,277 |
| HARDING SHYMANSKI & CO | ACCOUNTANT | $16,360 | — | $16,360 |
| EMPLOYEE-OWNED S CORPORATIONS OF AM | OTHER SERVICES | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB — OTHER SERVICES
- HARDING SHYMANSKI & CO — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $235,746
- Estimated Expense Ratio: 0.322% 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 | $235,748 | $24,277 | $85,353 | — | — |
| 2023 | $176,984 | $21,668 | $50,276 | — | — |