Plan Snapshot
- Plan Sponsor: Ligon Hydraulics, LLC
- Sponsor EIN: 631221609
- Sponsor Address: 712 1ST STREET NW, HAMPTON, IA, 50441
- Plan Type: 401(k)
- Total Participants: 1,110
- Total Assets: $65.2M
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 | 1,110 | $65.2M | $1.4M | $3.4M |
| 2023 | 1,313 | $58.8M | $1.3M | $3.3M |
| 2022 | 1,395 | $52.7M | $1.2M | $3.4M |
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 |
|---|---|---|---|---|
| PEARCE, BEVILL, LEESBURG, MOORE, PC | Auditor | $32,623 | — | $32,623 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PEARCE, BEVILL, LEESBURG, MOORE, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,623
- Estimated Expense Ratio: 0.050% 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 | $355,911 | — | $323,288 | $32,623 | — |
| 2023 | $312,954 | — | $280,971 | $31,983 | — |
| 2022 | $324,195 | — | $279,585 | — | $44,610 |