Plan Snapshot
- Plan Sponsor: Heico Corporation
- Sponsor EIN: 650341002
- Sponsor Address: 3000 TAFT STREET, HOLLYWOOD, FL, 33021
- Plan Type: 401(k)
- Total Participants: 6,986
- Total Assets: $1.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 6,986 | $1.0B | $17.2M | $34.4M |
| 2023 | 6,503 | $842.7M | $15.6M | $29.1M |
| 2022 | 5,127 | $701.1M | $12.8M | $23.7M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
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 | $291,672 | — | — | — | — |
| 2023 | $295,826 | — | — | — | — |
| 2022 | $302,239 | — | $302,239 | — | — |