Plan Snapshot
- Plan Sponsor: Hitachi Solutions America, Ltd.
- Sponsor EIN: 943127998
- Sponsor Address: 100 SPECTRUM CENTER DR. SUITE 350, IRVINE, CA, 92618
- Plan Type: 401(k)
- Total Participants: 564
- Total Assets: $120.3M
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 | 564 | $120.3M | $5.6M | $9.6M |
| 2023 | 685 | $108.6M | $6.9M | $11.1M |
| 2022 | 789 | $87.1M | $5.9M | $9.3M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $80,494 | — | $80,494 |
| ASSOCIATES IN EXCELLENCE DBA CETERA | OTHER | $64,649 | — | $64,649 |
| BPM LLP | AUDITOR | $17,655 | — | $17,655 |
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $5,986 | — | $5,986 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BPM LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $168,784
- Estimated Expense Ratio: 0.140% 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 | $168,784 | $80,494 | — | $17,655 | — |
| 2023 | $113,873 | $113,873 | — | — | — |
| 2022 | $49,373 | $49,373 | — | — | — |