Plan Snapshot
- Plan Sponsor: Hy-Line International
- Sponsor EIN: 421106927
- Sponsor Address: 1755 W LAKES PKWY, W DES MOINES, IA, 502668228
- Plan Type: DC
- Total Participants: 749
- Total Assets: $45.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2024 | 749 | $45.9M | $1.7M | $3.0M |
| 2023 | 729 | $41.8M | $1.4M | $2.5M |
| 2022 | 892 | $40.6M | $1.2M | $2.3M |
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 | CONTRACT ADMINISTRATOR | $106,866 | — | $106,866 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | — | $27,227 | $27,227 |
| WELLTH ADVISORY SERVICES, LLC | INVESTMENT ADVISORY | — | $9,576 | $9,576 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,669
- Estimated Expense Ratio: 0.313% 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 | $106,866 | — | $106,866 | — | — |
| 2023 | $104,924 | — | $104,924 | — | — |
| 2022 | $95,108 | — | $95,108 | — | — |