Plan Snapshot
- Plan Sponsor: Hood Container Corporation
- Sponsor EIN: 455429198
- Sponsor Address: 2100 RIVEREDGE PARKWAY, ATLANTA, GA, 30328
- Plan Type: 401(k)
- Total Participants: 2,393
- Total Assets: $185.4M
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 | 2,393 | $185.4M | $6.5M | $12.2M |
| 2023 | 2,617 | $162.6M | $6.5M | $12.0M |
| 2022 | 2,563 | $138.4M | $6.0M | $11.0M |
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 | $298,918 | — | $298,918 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | OTHER SERVICES | — | $60,057 | $60,057 |
| HORNE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HORNE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $358,975
- Estimated Expense Ratio: 0.194% 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 | $296,754 | — | $296,754 | — | — |
| 2023 | $257,018 | — | $257,018 | — | — |
| 2022 | $355,988 | — | $355,988 | — | — |