Plan Snapshot
- Plan Sponsor: Hctec Partners
- Sponsor EIN: 271702813
- Sponsor Address: 2 MARYLAND FARMS, BRENTWOOD, TN, 37027
- Plan Type: 401(k)
- Total Participants: 354
- Total Assets: $10.4M
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 | 354 | $10.4M | $231,173 | $1.2M |
| 2023 | 405 | $8.9M | $205,652 | $1.3M |
| 2022 | 396 | $7.1M | $179,523 | $1.1M |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $88,437 | $29,478 | $58,959 | — | — |
| 2023 | $71,194 | $24,327 | $46,867 | — | — |
| 2022 | $69,986 | $20,841 | $49,145 | — | — |