Plan Snapshot
- Plan Sponsor: Hvph Motor Corp.
- Sponsor EIN: 660579755
- Sponsor Address: PO BOX 29477, SAN JUAN, PR, 009290477
- Plan Type: DC
- Plan Number: 001
- Total Participants: 271
- Total Assets: $12.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 271 | $12.4M | $337,489 | $1.1M |
| 2023 | 254 | $10.9M | $332,501 | $1.1M |
| 2022 | 249 | $9.0M | $213,048 | $1.0M |
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 |
|---|---|---|---|---|
| BENEFIT PLANS ADMIN SERVICES, INC. | Recordkeeper | $57,664 | — | $57,664 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLANS ADMIN SERVICES, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,664
- Estimated Expense Ratio: 0.466% 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 | $58,518 | $854 | $56,388 | — | — |
| 2023 | $24,272 | — | $24,272 | — | — |
| 2022 | $26,432 | — | $26,432 | — | — |