Plan Snapshot
- Plan Sponsor: Hrd Aero Systems, INC.
- Sponsor EIN: 954041900
- Sponsor Address: 25555 AVENUE STANFORD, VALENCIA, CA, 91355
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 332
- Total Assets: $18.5M
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 | 332 | $18.5M | $0 | $0 |
| 2024 | 267 | $16.3M | $294,760 | $1.1M |
| 2023 | 250 | $13.6M | $301,563 | $1.1M |
| 2022 | 235 | $10.4M | $218,574 | $780,789 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $44,970 | — | $44,970 |
| UBS FINANCIAL SERVICES INC. | Investment Advisor | $33,072 | — | $33,072 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $7,641 | — | $7,641 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,683
- Estimated Expense Ratio: 0.464% 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 | $1,925,592 | $7,641 | — | — | — |
| 2024 | $65,356 | $24,111 | — | — | — |
| 2023 | $55,243 | $5,202 | — | — | — |
| 2022 | $55,051 | $4,394 | — | — | — |