Plan Snapshot
- Plan Sponsor: Hyman Bros. Of Midlothian, INC.
- Sponsor EIN: 471717028
- Sponsor Address: 11841 MIDLOTHIAN TURNPIKE, MIDLOTHIAN, VA, 23113
- Plan Type: 401(k)
- Total Participants: 218
- Total Assets: $8.8M
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 | 218 | $8.8M | $103,513 | $641,443 |
| 2023 | 224 | $7.7M | $98,653 | $680,455 |
| 2022 | 230 | $6.3M | $95,995 | $659,883 |
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 |
|---|---|---|---|---|
| JKKR, PC | 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 | $56,960 | $17,508 | $39,452 | — | — |
| 2023 | $46,231 | $12,298 | $33,933 | — | — |
| 2022 | $60,076 | $21,256 | $38,820 | — | — |