Plan Snapshot
- Plan Sponsor: Hydro-Gear Limited Partnership
- Sponsor EIN: 371278894
- Sponsor Address: 1411 S.HAMILTON STREET, SULLIVAN, IL, 61951
- Plan Type: 401(k)
- Total Participants: 1,175
- Total Assets: $68.8M
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 | 1,175 | $68.8M | $2.5M | $2.5M |
| 2023 | 1,304 | $62.2M | $2.7M | $2.7M |
| 2022 | 1,375 | $53.4M | $2.5M | $2.6M |
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 | RECORDKEEPER | $240,365 | — | $240,365 |
| SMITH MOORE | BROKER/ADVISER | — | $124,096 | $124,096 |
| THE LAMPO GROUP LLC DBA SMARTDOLLAR | CONTRACT ADMIN | $24,278 | — | $24,278 |
| FORVIS MAZARS LLP | CONTRACT ADMIN | $6,363 | — | $6,363 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $395,102
- Estimated Expense Ratio: 0.574% 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 | $271,006 | — | $30,641 | — | — |
| 2023 | $243,522 | — | $20,928 | — | — |
| 2022 | $189,979 | $101,845 | $85,484 | — | $2,650 |