Plan Snapshot
- Plan Sponsor: Hydro, INC.
- Sponsor EIN: 362995778
- Sponsor Address: 834 WEST MADISON, CHICAGO, IL, 60607
- Plan Type: 401(k)
- Total Participants: 354
- Total Assets: $49.0M
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 | 354 | $49.0M | $890,293 | $2.9M |
| 2023 | 337 | $43.7M | $948,122 | $2.8M |
| 2022 | 345 | $35.7M | $924,610 | $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 |
|---|---|---|---|---|
| ADDUCCI VEGA FINANCIAL GROUP LLC | Auditor | $27,688 | — | $27,688 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,688
- Estimated Expense Ratio: 0.056% 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 | $156,190 | $60,142 | — | $27,688 | — |
| 2023 | $109,204 | $50,546 | — | $3,370 | — |
| 2022 | $115,252 | — | — | — | — |