Plan Snapshot
- Plan Sponsor: Hurst Boiler & Welding Co., INC.
- Sponsor EIN: 581385470
- Sponsor Address: 100 BOILERMAKER LANE, COOLIDGE, GA, 31738
- Plan Type: 401(k)
- Total Participants: 250
- Total Assets: $16.3M
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 | 250 | $16.3M | $728,348 | $954,716 |
| 2023 | 238 | $17.7M | $607,698 | $824,047 |
| 2022 | 228 | $15.2M | $577,098 | $747,142 |
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 |
|---|---|---|---|---|
| NICHOLS CAULEY | Auditor | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NICHOLS CAULEY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,000
- Estimated Expense Ratio: 0.049% 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 | $84,671 | — | $76,671 | $8,000 | — |
| 2023 | $78,019 | — | $68,019 | $10,000 | — |
| 2022 | $61,870 | — | $58,870 | — | $3,000 |