Plan Snapshot
- Plan Sponsor: Hy Cite Enterprises, LLC
- Sponsor EIN: 390983855
- Sponsor Address: 3252 PLEASANT VIEW RD, MIDDLETON, WI, 535624840
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 450
- Total Assets: $59.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 450 | $59.6M | $0 | $0 |
| 2024 | 402 | $53.8M | $1.9M | $2.8M |
| 2023 | 387 | $45.8M | $1.9M | $2.6M |
| 2022 | 354 | $36.4M | $1.6M | $2.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $16,794 | — | $16,794 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,794
- Estimated Expense Ratio: 0.028% 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 | $8,382,993 | — | $16,794 | — | — |
| 2024 | $41,710 | — | $41,710 | — | — |
| 2023 | $13,078 | — | $13,078 | — | — |
| 2022 | $8,298 | — | $8,298 | — | — |