Plan Snapshot
- Plan Sponsor: Hat Creek Construction & Materials, INC.
- Sponsor EIN: 680203789
- Sponsor Address: 24339 HIGHWAY 89 NORTH, BURNEY, CA, 96013
- Plan Type: 401(k)
- Total Participants: 86
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 86 | $11.7M | $1.0M | $532,658 |
| 2023 | 81 | $10.2M | $1.4M | $491,747 |
| 2022 | 64 | $7.9M | $1.0M | $398,134 |
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 |
|---|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE | Recordkeeper | $35,213 | — | $35,213 |
| MERRILL LYNCH LIFE AGENCY, INC. | Investment Advisor | $32,026 | — | $32,026 |
| NEXUS ADMINISTRATORS, INC. | Recordkeeper | $5,200 | — | $5,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE — Recordkeeper
- MERRILL LYNCH LIFE AGENCY, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,439
- Estimated Expense Ratio: 0.617% 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 | $72,438 | — | $72,438 | — | — |
| 2023 | $65,285 | — | $65,285 | — | — |
| 2022 | $70,989 | — | $70,989 | — | — |