Plan Snapshot
- Plan Sponsor: Hoff Companies INC.
- Sponsor EIN: 820308314
- Sponsor Address: 1840 NORTH LAKES PLACE, MERIDIAN, ID, 83646
- Plan Type: 401(k)
- Total Participants: 62
- Total Assets: $5.5M
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 | 62 | $5.5M | $41,563 | $129,817 |
| 2023 | 49 | $6.9M | $137,058 | $415,653 |
| 2022 | 160 | $6.3M | $106,466 | $378,256 |
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 |
|---|---|---|---|---|
| LEAVITT CHRISTENSEN PLLC | Auditor | $6,250 | — | $6,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEAVITT CHRISTENSEN PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,250
- Estimated Expense Ratio: 0.113% 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 | $10,384 | $1,663 | $2,471 | $6,250 | — |
| 2023 | $13,828 | $10,827 | $3,001 | — | — |
| 2022 | $4,872 | — | $4,872 | — | — |