Plan Snapshot
- Plan Sponsor: Hughes Brothers, INC.
- Sponsor EIN: 470354103
- Sponsor Address: PO BOX 159, SEWARD, NE, 684340159
- Plan Type: 401(k)
- Plan Number: 007
- Total Participants: 246
- Total Assets: $51.7M
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 | 246 | $51.7M | $0 | $0 |
| 2024 | 234 | $48.4M | $1.5M | $1.0M |
| 2023 | 232 | $41.1M | $1.4M | $970,907 |
| 2022 | 204 | $34.7M | $1.3M | $824,552 |
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 |
|---|---|---|---|---|
| D.A. DAVIDSON & CO. | Investment Advisor | $37,715 | — | $37,715 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,715
- Estimated Expense Ratio: 0.073% 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 | $5,912,746 | $37,715 | $1,000 | — | — |
| 2024 | $33,938 | $33,488 | $450 | — | — |
| 2023 | $29,280 | $28,728 | $552 | — | — |
| 2022 | $33,418 | $32,818 | $600 | — | — |