Plan Snapshot
- Plan Sponsor: Hyliion, INC.
- Sponsor EIN: 811230166
- Sponsor Address: 1202 BMC DRIVE, CEDAR PARK, TX, 78613
- Plan Type: 401(k)
- Total Participants: 91
- Total Assets: $6.8M
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 | 91 | $6.8M | $0 | $1.0M |
| 2023 | 212 | $6.8M | $0 | $2.0M |
| 2022 | 239 | $4.4M | $0 | $1.9M |
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 |
|---|---|---|---|---|
| BKA WEALTH CONSULTING INC | SERVICE PROVIDER | $47,834 | — | $47,834 |
| JOHN HANCOCK | RECORDKEEPER | $23,536 | — | $23,536 |
| CAPFINANCIAL PARTNERS, LLC | SERVICE PROVIDER | $19,302 | — | $19,302 |
| PRICEKUBECKA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
- PRICEKUBECKA, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,672
- Estimated Expense Ratio: 1.327% 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 | $90,671 | $67,881 | $22,790 | — | — |
| 2023 | $34,522 | $24,515 | $10,007 | — | — |
| 2022 | $2,225 | $2,225 | — | — | — |