# Hickory Springs Manufacturing Co DB Plan
Source: https://planprovider.pro/companies/hickory-springs-manufacturing-co-plan

> Hickory Springs Manufacturing Co's DB plan: 292 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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