Plan Snapshot
- Plan Sponsor: Hot Springs Village Property Owners Association
- Sponsor EIN: 710415652
- Sponsor Address: 895 DESOTO BLVD, HOT SPRINGS VILLAGE, AR, 71909
- Plan Type: 401(k)
- Total Participants: 227
- Total Assets: $10.3M
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 | 227 | $10.3M | $262,721 | $465,170 |
| 2023 | 292 | $9.5M | $262,191 | $484,514 |
| 2022 | 199 | $8.3M | $232,455 | $408,315 |
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 INS CO OF AMERICA | Recordkeeper | $11,675 | — | $11,675 |
| PRIME CAPITAL INVESTMENT ADVRS LLC | Investment Advisor | $9,506 | — | $9,506 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,181
- Estimated Expense Ratio: 0.205% 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 | $54,485 | $9,506 | — | — | — |
| 2023 | $31,404 | — | $31,404 | — | — |
| 2022 | $34,010 | — | $34,010 | — | — |