# Hire Power Management Group, INC 401(k) Plan
Source: https://planprovider.pro/companies/hire-power-management-group-inc-920645718-001

> Hire Power Management Group, INC's 401(k) plan: 185 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Hire Power Management Group, INC

- **Sponsor EIN:** 920645718

- **Sponsor Address:** 1547 W SPRING MEADOW LANE, FARMINGTON, UT, 84025

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

- **Plan Number:** 001

- **Total Participants:** 185

- **Total Assets:** $1.2M

## 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.|

| 2025|185|$1.2M|$0|$0|

| 2024|79|$654,356|$114,976|$149,953|

| 2023|62|$370,681|$82,854|$122,354|

| 2022|46|$140,781|$57,452|$91,286|

## 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|

| SCOTT MILLER CPA & ASSOCIATES, PC|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|

| 2025|$32,514|$1,084|—|—|—|

| 2024|$59,855|—|—|—|—|

| 2023|$23,501|—|—|—|—|

| 2022|$2,421|—|—|—|—|

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