Plan Snapshot
- Plan Sponsor: Hypertherm, INC.
- Sponsor EIN: 020274267
- Sponsor Address: P.O. BOX 5010, HANOVER, NH, 037555010
- Plan Type: DC
- Total Participants: 1,450
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,450 | $1.1B | $7.7M | $0 |
| 2023 | 1,475 | $1.0B | $6.7M | $0 |
| 2022 | 1,417 | $870.9M | $5.9M | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL | CONTRACT ADMINISTRATOR | $122,222 | — | $122,222 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $101,694 | — | $101,694 |
| COMMONWEALTH FINANCIAL NETWORK | INVESTMENT ADVISORY | $14,666 | $2,694 | $17,360 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — INVESTMENT ADVISORY
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $241,276
- Estimated Expense Ratio: 0.023% 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 | $117,072 | $15,378 | $101,694 | — | — |
| 2023 | $342,640 | $4,300 | $338,340 | — | — |
| 2022 | $93,457 | — | $93,457 | — | — |