Plan Snapshot
- Plan Sponsor: Hmc Group
- Sponsor EIN: 952109939
- Sponsor Address: 3546 CONCOURS STREET, ONTARIO, CA, 917645583
- Plan Type: 401(k)
- Total Participants: 347
- Total Assets: $87.4M
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. |
|---|---|---|---|---|
| 2024 | 347 | $87.4M | $695,932 | $3.5M |
| 2023 | 360 | $75.0M | $776,187 | $3.4M |
| 2022 | 316 | $65.1M | $557,916 | $2.8M |
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 | $161,128 | — | $161,128 |
| NFP RETIREMENT INC. | INVESTMENT ADVISORY | $15,609 | $54,216 | $69,825 |
| COHNREZNICK LLP | ACCOUNTANT | $9,487 | $8,003 | $17,490 |
| COHNREZNICK, LLP | Auditor | $9,494 | — | $9,494 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC. — INVESTMENT ADVISORY
- COHNREZNICK LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $257,937
- Estimated Expense Ratio: 0.295% 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 | $186,232 | $15,609 | $161,129 | $9,494 | — |
| 2023 | $145,174 | $12,372 | $132,802 | — | — |
| 2022 | $153,033 | $9,375 | $133,258 | — | $10,400 |