Plan Snapshot
- Plan Sponsor: Hepaco LLC
- Sponsor EIN: 561428449
- Sponsor Address: 9335 HARRIS CORNERS PKWY, CHARLOTTE, NC, 282693818
- Plan Type: 401(k)
- Total Participants: 1,170
- Total Assets: $19.9M
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. |
|---|---|---|---|---|
| 2023 | 1,170 | $19.9M | $828,569 | $3.0M |
| 2022 | 871 | $16.1M | $823,343 | $2.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $289,130 | — | $289,130 |
| KESTRA INVESTMENT SERVICES LLC | OTHER SERVICES | — | $70,840 | $70,840 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES LLC — OTHER SERVICES
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $359,970
- Estimated Expense Ratio: 1.809% 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 |
|---|---|---|---|---|---|
| 2023 | $144,565 | — | $144,565 | — | — |
| 2022 | $140,323 | — | $140,323 | — | — |