Plan Snapshot
- Plan Sponsor: Hydac Technology Corporation
- Sponsor EIN: 231984255
- Sponsor Address: JOHN SIMON, BETHLEHEM, PA, 18017
- Plan Type: 401(k)
- Total Participants: 981
- Total Assets: $81.8M
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 | 981 | $81.8M | $2.6M | $5.2M |
| 2023 | 994 | $70.1M | $2.4M | $4.9M |
| 2022 | 897 | $56.5M | $2.1M | $4.4M |
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 |
|---|---|---|---|---|
| KREISCHER MILLER | Auditor | $10,518 | — | $10,518 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KREISCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,518
- Estimated Expense Ratio: 0.013% 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 | $278,861 | $40,000 | $228,343 | $10,518 | — |
| 2023 | $189,123 | — | $189,123 | — | — |
| 2022 | $176,997 | — | $176,997 | — | — |