Plan Snapshot
- Plan Sponsor: Hoopaugh Grading Co., LLC
- Sponsor EIN: 562159346
- Sponsor Address: PO BOX 7727, CHARLOTTE, NC, 282417727
- Plan Type: 401(k)
- Total Participants: 665
- Total Assets: $16.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 665 | $16.6M | $847,952 | $1.5M |
| 2023 | 695 | $13.9M | $811,491 | $1.4M |
| 2022 | 650 | $10.0M | $706,367 | $1.2M |
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 |
|---|---|---|---|---|
| AMERIPRISE FINANCIAL SERVICES | SERVICE PROVIDER | — | $76,331 | $76,331 |
| NATIONWIDE | SERVICE PROVIDER | $55,752 | — | $55,752 |
| APS - PENTEGRA | TPA | $4,945 | $7,229 | $12,174 |
| BGW CPA CO, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES — SERVICE PROVIDER
- NATIONWIDE — SERVICE PROVIDER
- APS - PENTEGRA — TPA
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,257
- Estimated Expense Ratio: 0.868% 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 | $8,834 | — | $8,834 | — | — |
| 2023 | $7,436 | — | $7,436 | — | — |
| 2022 | $12,543 | — | $6,525 | — | — |