Plan Snapshot
- Plan Sponsor: Hull Lift Truck, INC.
- Sponsor EIN: 351070323
- Sponsor Address: 22105 ELKHART EAST BLVD, ELKHART, IN, 46514
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 175
- Total Assets: $12.1M
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 | 175 | $12.1M | $321,344 | $857,404 |
| 2023 | 175 | $11.3M | $290,642 | $787,372 |
| 2022 | 172 | $10.4M | $244,501 | $655,196 |
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 |
|---|---|---|---|---|
| 1ST SOURCE BANK | Custodian / Trustee | $72,702 | — | $72,702 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,702
- Estimated Expense Ratio: 0.601% 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 | $72,802 | — | — | — | — |
| 2023 | $65,697 | — | — | — | — |
| 2022 | $62,747 | — | $62,747 | — | — |