Plan Snapshot
- Plan Sponsor: Hopebridge, LLC
- Sponsor EIN: 202605791
- Sponsor Address: 3500 DEPAUW BLVD SUITE 3060, INDIANAPOLIS, IN, 46268
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 5,124
- Total Assets: $16.1M
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. |
|---|---|---|---|---|
| 2025 | 5,124 | $16.1M | $0 | $0 |
| 2024 | 4,151 | $12.1M | $2,734 | $3.2M |
| 2023 | 3,989 | $9.6M | $347,684 | $2.8M |
| 2022 | 3,644 | $6.5M | $246,550 | $1.9M |
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 | Recordkeeper | $125,683 | — | $125,683 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $11,826 | — | $11,826 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $137,509
- Estimated Expense Ratio: 0.852% 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 |
|---|---|---|---|---|---|
| 2025 | $2,871,070 | $11,826 | — | — | — |
| 2024 | $114,792 | $7,964 | — | — | — |
| 2023 | $71,115 | $4,917 | — | — | — |
| 2022 | $32,630 | — | $32,630 | — | — |