Plan Snapshot
- Plan Sponsor: Hsg, LLC D/B/A Herndon Solutions Group
- Sponsor EIN: 262285035
- Sponsor Address: 4001 S DECATUR BLVD, LAS VEGAS, NV, 89103
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $14.2M
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 | 213 | $14.2M | $494,849 | $1.2M |
| 2023 | 169 | $13.1M | $400,952 | $1.1M |
| 2022 | 174 | $11.7M | $338,325 | $1.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $48,499 | — | $48,499 |
| ROYAL ALLIANCE ASSOCIATES, INC. | Investment Advisor | — | $25,984 | $25,984 |
| ORENDA RETIREMENT LLC | Recordkeeper | $3,450 | $8,827 | $12,277 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROYAL ALLIANCE ASSOCIATES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,760
- Estimated Expense Ratio: 0.612% 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 | $51,949 | — | $51,949 | — | — |
| 2023 | $50,863 | — | $50,863 | — | — |
| 2022 | $46,230 | — | $46,230 | — | — |