Plan Snapshot
- Plan Sponsor: Hearth Management, LLC
- Sponsor EIN: 161584917
- Sponsor Address: 2224 PIERCE CREEK ROAD, BINGHAMTON, NY, 13903
- Plan Type: 401(k)
- Total Participants: 153
- Total Assets: $4.4M
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 | 153 | $4.4M | $37,542 | $168,032 |
| 2023 | 204 | $4.6M | $127,058 | $499,704 |
| 2022 | 685 | $4.6M | $519,901 | $129,889 |
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 |
|---|---|---|---|---|
| BONADIO & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & COMPANY, LLP — 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 | $7,200 | — | $6,600 | — | — |
| 2023 | $17,930 | — | $17,930 | — | — |
| 2022 | $42,312 | — | $42,312 | — | — |