Plan Snapshot
- Plan Sponsor: Hgr Industrial Surplus, LLC
- Sponsor EIN: 341861802
- Sponsor Address: 919 N. MARKET STREET, SUITE 460, WILMINGTON, DE, 19801
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 24 | $4.0M | $0 | $228,582 |
| 2023 | 109 | $3.7M | $0 | $424,511 |
| 2022 | 133 | $3.1M | $0 | $361,964 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | Other Service Provider | $16,267 | — | $16,267 |
| GLOBAL RETIREMENT PARTNERS | Other Service Provider | $13,535 | — | $13,535 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,802
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 | — | — | — | — | — |
| 2024 | $29,802 | $13,535 | $16,267 | — | — |
| 2023 | $24,275 | $1,948 | $22,327 | — | — |
| 2022 | $20,332 | — | $20,332 | — | — |