# Hydro-Gear Limited Partnership 401(k) Plan
Source: https://planprovider.pro/companies/hydro-gear-limited-partnership-plan-001

> Hydro-Gear Limited Partnership&#39;s 401(k) plan: 1,175 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|

## Similar Plans

- [Rukel Management, LLC](https://planprovider.pro/companies/rukel-management-llc-401k-plan) — 1,144 participants

- [Grundfos Pumps Corporation](https://planprovider.pro/companies/grundfos-pumps-corporation-401k-plan) — 1,290 participants

- [Cozzini Bros., INC.](https://planprovider.pro/companies/cozzini-bros-inc-401k-plan) — 780 participants

- [Kone INC.](https://planprovider.pro/companies/kone-inc-plan-001) — 1,769 participants

- [Duravant LLC](https://planprovider.pro/companies/duravant-llc-401k-plan) — 1,790 participants

- [Nimlok Company](https://planprovider.pro/companies/nimlok-company-401k-plan) — 414 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/hydro-gear-limited-partnership-plan-001)

&copy; 2026 PlanProvider.Pro
