Plan Snapshot
- Plan Sponsor: Hire Right
- Sponsor EIN: 815023164
- Sponsor Address: 100 CENTERVIEW DRIVE, NASHVILLE, TN, 37214
- Plan Type: 401(k)
- Total Participants: 911
- Total Assets: $226.8M
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 | 911 | $226.8M | $2.3M | $5.0M |
| 2023 | 886 | $210.6M | $2.9M | $6.2M |
| 2022 | 1,195 | $183.2M | $3.1M | $6.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $246,492 | — | $246,492 |
| BAKER TILLY | ACCOUNTANT/AUDITOR | $20,700 | — | $20,700 |
| BAKER TILLY US, LLP | Auditor | $20,700 | — | $20,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $287,892
- Estimated Expense Ratio: 0.127% 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 | $267,192 | — | — | $20,700 | — |
| 2023 | $241,571 | — | $600 | $19,450 | — |
| 2022 | $252,603 | — | — | — | — |