# Hyaxiom, INC. 401(k) Plan
Source: https://planprovider.pro/companies/hyaxiom-inc-401k-plan

> Hyaxiom, INC.&#39;s 401(k) plan: 212 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Hyaxiom, INC.

- **Sponsor EIN:** 471300816

- **Sponsor Address:** 195 GOVERNORS HIGHWAY, SOUTH WINDSOR, CT, 06074

- **Plan Type:** 401(k)

- **Total Participants:** 212

- **Total Assets:** $26.7M

## 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.|

| 2024|212|$26.7M|$1.1M|$2.2M|

| 2023|217|$21.3M|$1.1M|$2.0M|

| 2022|270|$15.6M|$527,198|$861,117|

## 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|

| EMPOWER ANNUITY INSURANCE COMPANY O|RECORDKEEPER|$43,038|—|$43,038|

| BONADIO AND CO LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BONADIO AND CO LLP](https://planprovider.pro/provider/bonadio-and-co-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $43,038

- **Estimated Expense Ratio:** 0.161% 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|$46,270|$3,232|—|—|—|

| 2023|$35,033|$1,980|—|—|—|

| 2022|$6,855|—|$6,855|—|—|

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