Plan Snapshot
- Plan Sponsor: Hyundai Transys Georgia Powertrain, INC.
- Sponsor EIN: 262876885
- Sponsor Address: 6801 KIA PARKWAY, WEST POINT, GA, 31833
- Plan Type: 401(k)
- Total Participants: 787
- Total Assets: $6.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 787 | $6.9M | $317,306 | $1.3M |
| 2023 | 511 | $5.7M | $262,091 | $924,877 |
| 2022 | 427 | $4.2M | $215,698 | $783,446 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $28,895 | — | $28,895 |
| CONCOURSE FINANCIAL GROUP SECURITI | ADVISOR | $21,858 | — | $21,858 |
| WARREN AVERETT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WARREN AVERETT, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,753
- Estimated Expense Ratio: 0.731% 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 | $55,179 | $26,284 | — | — | — |
| 2023 | $35,508 | $15,007 | — | — | — |
| 2022 | $30,889 | $1,010 | — | — | — |