Plan Snapshot
- Plan Sponsor: Hs Hyosung, Usa Holdings, INC
- Sponsor EIN: 611571366
- Sponsor Address: 15801 BRIXHAM HILL AVENUE, CHARLOTTE, NC, 28277
- Plan Type: 401(k)
- Total Participants: 1,426
- Total Assets: $65.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,426 | $65.6M | $1.9M | $5.4M |
| 2023 | 1,339 | $58.9M | $1.8M | $5.0M |
| 2022 | 1,310 | $49.2M | $1.6M | $4.4M |
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 |
|---|---|---|---|---|
| SEJONG LLP | 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 | $72,357 | — | $72,357 | — | — |
| 2023 | $39,210 | — | $39,203 | — | — |
| 2022 | $29,927 | — | $29,927 | — | — |