Plan Snapshot
- Plan Sponsor: Hmr Acquisition Company, INC.
- Sponsor EIN: 351967464
- Sponsor Address: 1501 NORTH IRONWOOD DRIVE, SOUTH BEND, IN, 46635
- Plan Type: 401(k)
- Total Participants: 831
- Total Assets: $8.8M
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 | 831 | $8.8M | $114,504 | $884,806 |
| 2023 | 759 | $8.3M | $65,513 | $356,925 |
| 2022 | 700 | $7.5M | $66,937 | $362,141 |
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 ANNUITY INSURANCE COMPANY | Recordkeeper | $64 | $45,214 | $45,278 |
| ADP, INC. | Recordkeeper | $21,068 | — | $21,068 |
| RETIREMENT PLAN CONCEPTS & SERVICES | Other Service Provider | $12,190 | $4,885 | $17,075 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,421
- Estimated Expense Ratio: 0.951% 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 | $65,609 | $6,319 | — | — | — |
| 2023 | $73,360 | — | $7,660 | — | — |
| 2022 | $73,755 | — | — | — | — |