Plan Snapshot
- Plan Sponsor: Hoerbiger America Holding, INC.
- Sponsor EIN: 203965560
- Sponsor Address: 1191 EAST NEWPORT CENTER DRIVE SUIT, DEERFIELD BEACH, FL, 33442
- Plan Type: 401(k)
- Total Participants: 1,112
- Total Assets: $192.8M
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 | 1,112 | $192.8M | $5.6M | $8.3M |
| 2023 | 957 | $176.2M | $3.0M | $7.7M |
| 2022 | 966 | $155.0M | $5.4M | $7.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | NONE | $171,159 | — | $171,159 |
| CREATIVE PLANNING LLC | NONE | $59,953 | — | $59,953 |
| EMPOWER ADVISORY GROUP, LLC | NONE | $46,246 | — | $46,246 |
| AHEARN JASCO + COMPANY PA | NONE | $20,000 | — | $20,000 |
| AHEARN JASCO COMPANY P.A. | Auditor | $20,000 | — | $20,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $317,358
- Estimated Expense Ratio: 0.165% 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 | $288,930 | $46,246 | $59,953 | $20,000 | — |
| 2023 | $227,710 | $93,206 | — | — | — |
| 2022 | $244,597 | $87,191 | $142,406 | — | $15,000 |