Plan Snapshot
- Plan Sponsor: Hi-Temp Insulation, INC.
- Sponsor EIN: 952894441
- Sponsor Address: 4700 CALLE ALTO, CAMARILLO, CA, 93012
- Plan Type: 401(k)
- Total Participants: 506
- Total Assets: $49.9M
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 | 506 | $49.9M | $2.9M | $1.7M |
| 2023 | 476 | $43.5M | $2.1M | $1.6M |
| 2022 | 429 | $39.6M | $1.6M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $101,822 | — | $101,822 |
| G.K.V. CAPITAL MANAGEMENT CO. INC | INVESTMENT ADVISOR | $15,000 | — | $15,000 |
| NOVA 401(K) ASSOCIATES | THIRD PARTY ADMINISTRATOR | $1,444 | $13,343 | $14,787 |
| ADMINISTRATIVE FIDUCIARY SERV INC | ADVISOR | $9,581 | — | $9,581 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT ADVISOR | $5,608 | — | $5,608 |
| LEE CPA AUDIT GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE CPA AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $146,798
- Estimated Expense Ratio: 0.294% 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 | $103,455 | — | $103,455 | — | — |
| 2023 | $100,394 | — | $100,394 | — | — |
| 2022 | $98,962 | — | $98,962 | — | — |