Plan Snapshot
- Plan Sponsor: Hickory Springs Manufacturing Co
- Sponsor EIN: 560494395
- Sponsor Address: PO BOX 128,, HICKORY, NC, 28603
- Plan Type: DB
- Total Participants: 292
- Total Assets: $61.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 292 | $61.7M | $5.1M | $0 |
| 2023 | 327 | $61.0M | $6.4M | $0 |
| 2022 | 359 | $126.8M | $4.7M | $0 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $1,480,250 | $173,097 | — | — | — |
| 2023 | $3,351,002 | $371,482 | — | $7,350 | — |
| 2022 | $2,447,138 | $348,928 | — | — | $326,958 |