Plan Snapshot
- Plan Sponsor: Highlands Automotive Holdings, INC.
- Sponsor EIN: 270881697
- Sponsor Address: 200 STRAUB DRIVE, TRIADELPHIA, WV, 26059
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $5.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 155 | $5.6M | $197,220 | $445,480 |
| 2023 | 136 | $4.8M | $200,224 | $451,022 |
| 2022 | 141 | $3.7M | $201,596 | $451,906 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $19,518 | — | $19,518 |
| AVANTAX ADVISORY SERVICES INC | INVESTMENT ADVISORY | $17,214 | — | $17,214 |
| PERRY & ASSOCIATES | AUDITOR | $9,500 | — | $9,500 |
| GOFF BACKA ALFERA & COMPANY, LLC | Auditor | $3,337 | — | $3,337 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- AVANTAX ADVISORY SERVICES INC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,569
- Estimated Expense Ratio: 0.890% 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 | $44,519 | $17,214 | — | $3,337 | — |
| 2023 | $34,326 | — | $34,326 | — | — |
| 2022 | $14,905 | — | $14,905 | — | — |