Plan Snapshot
- Plan Sponsor: Hydro-Air Components, INC.
- Sponsor EIN: 161187872
- Sponsor Address: 100 RITTLING BLVD, BUFFALO, NY, 14220
- Plan Type: 401(k)
- Total Participants: 90
- Total Assets: $10.5M
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 | 90 | $10.5M | $98,845 | $444,067 |
| 2023 | 80 | $9.9M | $79,151 | $390,944 |
| 2022 | 78 | $8.6M | $105,058 | $438,280 |
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 |
|---|---|---|---|---|
| FREED MAXICK 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 | $38,101 | $24,553 | — | — | — |
| 2023 | $26,052 | $20,322 | — | — | — |
| 2022 | $28,484 | $19,419 | — | — | $7,042 |