Plan Snapshot
- Plan Sponsor: Hino Motors Manufacturing U.S.A., INC.
- Sponsor EIN: 330638183
- Sponsor Address: 45501 TWELVE MILE ROAD, NOVI, MI, 48377
- Plan Type: 401(k)
- Total Participants: 2,069
- Total Assets: $55.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 2,069 | $55.1M | $2.5M | $4.4M |
| 2023 | 1,604 | $46.6M | $2.0M | $3.8M |
| 2022 | 1,541 | $36.2M | $1.8M | $3.3M |
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 |
|---|---|---|---|---|
| PLANTE MORAN | 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 | $25,391 | — | — | — | — |
| 2023 | $18,174 | — | — | — | — |
| 2022 | $16,621 | — | — | — | — |