Plan Snapshot
- Plan Sponsor: Hempelusa, INC.
- Sponsor EIN: 760625485
- Sponsor Address: 600 CONROE PARK NORTH DR, CONROE, TX, 77303
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 389
- Total Assets: $35.6M
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. |
|---|---|---|---|---|
| 2025 | 389 | $35.6M | $0 | $0 |
| 2024 | 260 | $33.0M | $988,077 | $2.0M |
| 2023 | 257 | $31.2M | $965,041 | $2.0M |
| 2022 | 240 | $26.2M | $957,585 | $2.0M |
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 |
|---|---|---|---|---|
| THE HAYES GROUP, INC. | Other Service Provider | $50,806 | — | $50,806 |
| ADP BROKER-DEALER | Recordkeeper | $36,432 | — | $36,432 |
| ADP, INC. | Recordkeeper | $14,443 | — | $14,443 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,681
- Estimated Expense Ratio: 0.286% 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 |
|---|---|---|---|---|---|
| 2025 | $5,113,616 | $59,598 | $4,046 | — | — |
| 2024 | $106,378 | $56,382 | — | — | — |
| 2023 | $96,849 | $49,175 | — | — | — |
| 2022 | $95,403 | — | — | — | — |