Plan Snapshot
- Plan Sponsor: Hepco, INC.
- Sponsor EIN: 223202982
- Sponsor Address: 160 PEHLE AVE SUITE 202, SADDLE BROOK, NJ, 07663
- Plan Type: 401(k)
- Total Participants: 172
- Total Assets: $4.3M
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 | 172 | $4.3M | $0 | $645,654 |
| 2023 | 129 | $4.4M | $0 | $625,160 |
| 2022 | 190 | $4.0M | $0 | $750,645 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $27,444 | — | $27,444 |
| MORGAN STANLEY SMITH BARNEY LLC | Investment Advisor | — | $10,347 | $10,347 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,791
- Estimated Expense Ratio: 0.885% 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 | $31,217 | $2,863 | — | — | — |
| 2023 | $24,642 | $2,470 | — | — | — |
| 2022 | $25,853 | — | $25,853 | — | — |