Plan Snapshot
- Plan Sponsor: Hudson Meridian Construction Group
- Sponsor EIN: 010644825
- Sponsor Address: 61 BROADWAY, NEW YORK, NY, 10006
- Plan Type: DC
- Total Participants: 62
- Total Assets: $13.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 62 | $13.6M | $527,076 | $718,717 |
| 2023 | 79 | $11.7M | $342,921 | $757,623 |
| 2022 | 65 | $9.4M | $470,738 | $641,502 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $80,624 | — | $80,624 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,624
- Estimated Expense Ratio: 0.595% 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 | $82,874 | $82,874 | — | — | — |
| 2023 | $73,138 | $71,023 | $2,115 | — | — |
| 2022 | $65,289 | $63,819 | $1,470 | — | — |