Plan Snapshot
- Plan Sponsor: Hyundai Transys Georgia Seating System, LLC
- Sponsor EIN: 352479164
- Sponsor Address: 3735 KIA PKWY, WEST POINT, GA, 318334947
- Plan Type: 401(k)
- Total Participants: 1,428
- Total Assets: $7.7M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,428 | $7.7M | $788,727 | $1.8M |
| 2023 | 808 | $4.8M | $463,287 | $1.1M |
| 2022 | 859 | $3.2M | $340,575 | $769,217 |
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 |
|---|---|---|---|---|
| CONCOURSE FINANCIAL GROUP SECURITIE | NONE | — | $28,977 | $28,977 |
| NATIONWIDE | RECORDKEEPER / THIRD PARTY ADMIN | $24,398 | — | $24,398 |
| NATIONWIDE RETIREMENT PLANS | THIRD PARTY ADMIN | $5,970 | — | $5,970 |
| WARREN AVERETT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — RECORDKEEPER / THIRD PARTY ADMIN
- NATIONWIDE RETIREMENT PLANS — THIRD PARTY ADMIN
- WARREN AVERETT, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,345
- Estimated Expense Ratio: 0.773% 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 | $43,987 | — | $43,987 | — | — |
| 2023 | $32,284 | — | — | — | — |
| 2022 | — | — | — | — | — |