Plan Snapshot
- Plan Sponsor: Hazmat Environmental Group, INC.
- Sponsor EIN: 061107757
- Sponsor Address: 60 COMMERCE DRIVE, BUFFALO, NY, 142181040
- Plan Type: 401(k)
- Total Participants: 489
- Total Assets: $33.1M
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 | 489 | $33.1M | $1.1M | $2.3M |
| 2023 | 450 | $29.6M | $1.0M | $2.2M |
| 2022 | 440 | $26.0M | $1.0M | $2.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $47,913 | — | $47,913 |
| LAWLEY RETIREMENT ADVISORS LLC | ADVISOR | $25,000 | — | $25,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $16,189 | — | $16,189 |
| KP LYNCH CPA, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,102
- Estimated Expense Ratio: 0.269% 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 | $89,102 | $41,189 | — | — | — |
| 2023 | $89,729 | $37,660 | — | — | — |
| 2022 | $98,974 | $13,338 | — | — | — |