Plan Snapshot
- Plan Sponsor: Hfi, LLC
- Sponsor EIN: 203914731
- Sponsor Address: 59 GENDER RD, CANAL WINCHESTER, OH, 43110
- Plan Type: 401(k)
- Total Participants: 352
- Total Assets: $20.7M
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 | 352 | $20.7M | $804,039 | $1.5M |
| 2023 | 373 | $17.9M | $801,895 | $1.5M |
| 2022 | 327 | $15.7M | $784,489 | $1.5M |
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 |
|---|---|---|---|---|
| FIDELITY WORKPLACE SERVICES LLC | PLAN ADMINISTRATOR | $55,190 | — | $55,190 |
| EVERHART FINANCIAL GROUP INC | ADVISOR | $32,937 | — | $32,937 |
| MALONEY AND NOVOTNY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EVERHART FINANCIAL GROUP INC — ADVISOR
- MALONEY AND NOVOTNY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,127
- Estimated Expense Ratio: 0.425% 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 | $88,127 | $32,937 | — | — | — |
| 2023 | $80,751 | $30,677 | — | — | — |
| 2022 | $86,490 | — | — | — | — |