Plan Snapshot
- Plan Sponsor: Hcl America Solutions, INC.
- Sponsor EIN: 455639284
- Sponsor Address: 2600 GREAT AMERICA WAY, SANTA CLARA, CA, 950541169
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,436
- Total Assets: $17.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 1,436 | $17.1M | $54,560 | $3.6M |
| 2022 | 1,865 | $11.8M | $0 | $4.7M |
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 LIFE INSURANCE COMPANY | Recordkeeper | $26,958 | $1,186 | $28,144 |
| UBS FINANCIAL SERVICES INC | Investment Advisor | $7,970 | — | $7,970 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,114
- Estimated Expense Ratio: 0.212% 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 |
|---|---|---|---|---|---|
| 2023 | $34,928 | $7,970 | $26,958 | — | — |
| 2022 | $27,559 | $7,197 | $20,362 | — | — |