Plan Snapshot
- Plan Sponsor: Hoya Holdings, INC.
- Sponsor EIN: 942205027
- Sponsor Address: 820 NORTH MCCARTHY BLVD, MILPITAS, CA, 95035
- Plan Type: 401(k)
- Total Participants: 1,889
- Total Assets: $173.4M
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 | 1,889 | $173.4M | $3.7M | $8.3M |
| 2023 | 1,796 | $155.5M | $3.6M | $7.7M |
| 2022 | 1,819 | $137.7M | $3.3M | $7.1M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RETAINED BY CLIENT | $361,175 | — | $361,175 |
| MERCER CONSULTING | RETAINED BY CLIENT | $52,708 | — | $52,708 |
| SINGERLEWAK LLP | AUDITOR | $40,460 | — | $40,460 |
| SENSIBA LLP | Auditor | $40,460 | — | $40,460 |
| PENSIONMARK FINANCIAL GROUP, LLC | INVESTMENT ADVISORS | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY CLIENT
- SINGERLEWAK LLP — AUDITOR
- SENSIBA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $509,803
- Estimated Expense Ratio: 0.294% 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 | $469,343 | $106,967 | $321,916 | $40,460 | — |
| 2023 | $374,739 | $102,625 | $240,076 | $32,038 | — |
| 2022 | $388,159 | $90,820 | $281,079 | — | $16,260 |