Plan Snapshot
- Plan Sponsor: Hillis-Carnes Engineering Associates, INC.
- Sponsor EIN: 521629263
- Sponsor Address: 10975 GUILFORD ROAD, ANNAPOLIS JUNCTION, MD, 207011125
- Plan Type: 401(k)
- Total Participants: 443
- Total Assets: $30.0M
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 | 443 | $30.0M | $464,586 | $2.0M |
| 2023 | 420 | $25.7M | $454,053 | $1.8M |
| 2022 | 398 | $21.9M | $381,990 | $1.6M |
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 |
|---|---|---|---|---|
| KBST&M | 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 | $159,553 | $27,220 | $91,483 | — | — |
| 2023 | $114,624 | $22,625 | $58,045 | — | — |
| 2022 | $109,683 | $21,599 | $55,686 | — | $32,398 |