Plan Snapshot
- Plan Sponsor: Hypro, INC.
- Sponsor EIN: 391125858
- Sponsor Address: 600 S. JEFFERSON STREET, WATERFORD, WI, 531854218
- Plan Type: 401(k)
- Total Participants: 343
- Total Assets: $30.5M
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 | 343 | $30.5M | $618,956 | $1.5M |
| 2023 | 403 | $26.9M | $564,683 | $1.4M |
| 2022 | 405 | $22.5M | $470,459 | $1.3M |
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 |
|---|---|---|---|---|
| RAYMOND JAMES & ASSOCIATES | BROKER/ADVISO R | $50,568 | — | $50,568 |
| EMPOWER ANNUITY INSURANCE CO OF AME | RECORDKEEPER | $46,826 | — | $46,826 |
| BLUE CHIP RETIREMENT PLANS | TPA | $28,675 | — | $28,675 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT ADVISOR | $16,187 | — | $16,187 |
| VRAKAS SC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VRAKAS SC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $142,256
- Estimated Expense Ratio: 0.466% 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 | $139,633 | — | $16,349 | — | — |
| 2023 | $109,555 | — | $10,010 | — | — |
| 2022 | $114,660 | $114,660 | — | — | — |