Plan Snapshot
- Plan Sponsor: Hc Salon Holdings, INC.
- Sponsor EIN: 850647945
- Sponsor Address: 1640 BORO PLACE, MCLEAN, VA, 22102
- Plan Type: 401(k)
- Total Participants: 4,975
- Total Assets: $51.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 4,975 | $51.4M | $0 | $10.7M |
| 2023 | 4,721 | $39.6M | $0 | $9.8M |
| 2022 | 4,653 | $27.3M | $0 | $9.0M |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $362,933 | — | $362,933 |
| CREATIVE PLANNING HOLDCO, LLC | Investment Advisor | $106,594 | — | $106,594 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- CREATIVE PLANNING HOLDCO, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $469,527
- Estimated Expense Ratio: 0.913% 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 | $469,529 | $106,595 | — | — | — |
| 2023 | $396,561 | $77,179 | — | — | — |
| 2022 | $434,420 | — | — | — | — |