# Hiossen, INC. 401(k) Plan
Source: https://planprovider.pro/companies/hiossen-inc-401k-plan

> Hiossen, INC.&#39;s 401(k) plan: 374 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Hiossen, INC.

- **Sponsor EIN:** 204077874

- **Sponsor Address:** 85 BEN FAIRLESS DR, FAIRLESS HILLS, PA, 190305012

- **Plan Type:** 401(k)

- **Total Participants:** 374

- **Total Assets:** $10.2M

## 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|374|$10.2M|$916,032|$1.7M|

| 2023|338|$6.9M|$653,448|$1.3M|

| 2022|283|$4.4M|$564,742|$1.1M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$86,113|—|$86,113|

| NEXT FINANCIAL GROUP INC|OTHER SERVICES|—|$22,789|$22,789|

| KLICHS, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [KLICHS, LLP](https://planprovider.pro/provider/klichs-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $108,902

- **Estimated Expense Ratio:** 1.065% 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|$86,114|—|$86,114|—|—|

| 2023|$56,902|—|$56,902|—|—|

| 2022|$42,413|—|$42,413|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/hiossen-inc-401k-plan)

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