Plan Snapshot
- Plan Sponsor: Hyundai Motor America
- Sponsor EIN: 330098815
- Sponsor Address: P.O. BOX 20850, FOUNTAIN VALLEY, CA, 927280850
- Plan Type: DB
- Total Participants: 286
- Total Assets: $220.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 286 | $220.3M | $6.0M | $0 |
| 2023 | 303 | $218.1M | $9.3M | $0 |
| 2022 | 317 | $196.7M | $10.1M | $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 |
|---|---|---|---|---|
| MERCER INVESTMENTS LLC | FIDUCIARY | $712,932 | — | $712,932 |
| MILLER,KAPLAN,ARASE & CO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER,KAPLAN,ARASE & CO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $712,932
- Estimated Expense Ratio: 0.324% 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 | $38,765 | — | $38,765 | — | — |
| 2023 | $36,868 | — | $36,868 | — | — |
| 2022 | $39,545 | — | $39,545 | — | — |