Plan Snapshot
- Plan Sponsor: Hour Media, LLC
- Sponsor EIN: 383284318
- Sponsor Address: 5750 NEW KING DR., TROY, MI, 48098
- Plan Type: 401(k)
- Total Participants: 201
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 201 | $7.3M | $3,151 | $635,890 |
| 2023 | 174 | $6.8M | $0 | $664,758 |
| 2022 | 192 | $5.6M | $0 | $663,415 |
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 |
|---|---|---|---|---|
| PLANTE MORAN, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $249 | — | — | — | — |
| 2023 | $1,012 | — | — | — | — |
| 2022 | — | — | — | — | — |