Plan Snapshot
- Plan Sponsor: Haun Welding Supply, INC
- Sponsor EIN: 150600299
- Sponsor Address: 5921 COURT STREET ROAD, SYRACUSE, NY, 132061714
- Plan Type: 401(k)
- Total Participants: 316
- Total Assets: $26.4M
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. |
|---|---|---|---|---|
| 2024 | 316 | $26.4M | $225,349 | $1.6M |
| 2023 | 304 | $25.8M | $245,926 | $1.4M |
| 2022 | 285 | $22.3M | $225,228 | $1.3M |
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 |
|---|---|---|---|---|
| REAGAN COMPANIES ASSET MGMT. | INVESTMENT ADVISOR | $66,429 | — | $66,429 |
| BENEFIT PLANS ADMINISTRATIVE SVCS | RECORDKEEPER | $28,232 | — | $28,232 |
| DANNIBLE & MCKEE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLANS ADMINISTRATIVE SVCS — RECORDKEEPER
- DANNIBLE & MCKEE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,661
- Estimated Expense Ratio: 0.359% 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 | $94,661 | $66,429 | — | — | — |
| 2023 | $84,059 | $59,858 | — | — | — |
| 2022 | $75,793 | $68,566 | $7,052 | — | — |