Plan Snapshot
- Plan Sponsor: Hydra-Sports Custom Boats, LLC
- Sponsor EIN: 455518143
- Sponsor Address: 23 EXCELLENCE WAY, VONORE, TN, 37885
- Plan Type: 401(k)
- Total Participants: 364
- Total Assets: $9.2M
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 | 364 | $9.2M | $797,175 | $1.5M |
| 2023 | 496 | $7.7M | $732,237 | $1.5M |
| 2022 | 349 | $4.2M | $527,107 | $961,130 |
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 |
|---|---|---|---|---|
| COULTER & JUSTUS, P. C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $50,900 | — | $47,300 | — | — |
| 2023 | $20,790 | $20,790 | — | — | — |
| 2022 | $12,005 | $12,005 | — | — | — |