Plan Snapshot
- Plan Sponsor: Hedgeserv Corporation
- Sponsor EIN: 262417221
- Sponsor Address: 1133 AVENUE OF THE AMERICAS 27TH FL, NEW YORK, NY, 100366725
- Plan Type: 401(k)
- Total Participants: 415
- Total Assets: $44.1M
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 | 415 | $44.1M | $0 | $4.1M |
| 2023 | 405 | $35.7M | $0 | $3.8M |
| 2022 | 399 | $27.6M | $0 | $3.6M |
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 |
|---|---|---|---|---|
| COHNREZNICK LP | Auditor | $16,051 | — | $16,051 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,051
- Estimated Expense Ratio: 0.036% 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 | $21,096 | $45 | $525 | $16,051 | — |
| 2023 | $19,750 | — | $15,750 | — | — |
| 2022 | $18,762 | — | $18,762 | — | — |