# Hmc Group 401(k) Plan
Source: https://planprovider.pro/companies/hmc-group-401k-plan

> Hmc Group&#39;s 401(k) plan: 347 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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.](https://planprovider.pro/provider/accelerate-retirement) — INVESTMENT ADVISORY

- [COHNREZNICK LLP](https://planprovider.pro/provider/goldman-sachs) — 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|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/hmc-group-401k-plan)

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