Plan Snapshot
- Plan Sponsor: Hub Parking Technology Usa, INC.
- Sponsor EIN: 800779462
- Sponsor Address: 761 COMMONWEALTH DRIVE, PITTSBURGH, PA, 15086
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $13.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 113 | $13.6M | $218,966 | $905,302 |
| 2023 | 110 | $12.0M | $201,771 | $850,147 |
| 2022 | 121 | $10.2M | $216,533 | $889,802 |
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 |
|---|---|---|---|---|
| SCHNEIDER DOWNS | Auditor | $24,006 | — | $24,006 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHNEIDER DOWNS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,006
- Estimated Expense Ratio: 0.177% 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 | $84,591 | $36,025 | — | $24,006 | — |
| 2023 | $78,805 | $54,075 | — | — | — |
| 2022 | $44,565 | — | — | — | — |