Plan Snapshot
- Plan Sponsor: Hiscox INC.
- Sponsor EIN: 203195018
- Sponsor Address: 1133 WESTCHESTER AVENUE, WHITE PLAINS, NY, 10604
- Plan Type: 401(k)
- Total Participants: 482
- Total Assets: $82.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 482 | $82.1M | $2.3M | $6.2M |
| 2023 | 515 | $71.5M | $5.6M | $5.9M |
| 2022 | 547 | $55.9M | $2.1M | $5.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $78,072 | — | $78,072 |
| CETERA INVESTMENT ADVISORS LLC | ADVISOR | $66,501 | — | $66,501 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,569 | — | $7,569 |
| PKF O'CONNOR DAVIES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- PKF O'CONNOR DAVIES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $152,142
- Estimated Expense Ratio: 0.185% 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 | $152,026 | $73,954 | — | — | — |
| 2023 | $60,082 | $15,770 | — | — | — |
| 2022 | $22,786 | — | — | — | — |