Plan Snapshot
- Plan Sponsor: Hsp Direct, LLC
- Sponsor EIN: 542039701
- Sponsor Address: 20130 LAKEVIEW CENTER PLAZA, ASHBURN, VA, 20147
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $20.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 120 | $20.6M | $315,108 | $757,150 |
| 2023 | 143 | $20.2M | $302,354 | $746,675 |
| 2022 | 149 | $18.4M | $846,878 | $703,069 |
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 |
|---|---|---|---|---|
| FAW CASSON & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FAW CASSON & CO., LLP — Auditor
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 | $30,657 | — | — | — | — |
| 2023 | $28,054 | — | — | — | — |
| 2022 | $26,189 | — | — | — | $26,189 |