Plan Snapshot
- Plan Sponsor: High-Purity Silicon America Corporation
- Sponsor EIN: 631174563
- Sponsor Address: 7800 MITSUBISHI LANE, THEODORE, AL, 36582
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $59.5M
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 | 146 | $59.5M | $878,430 | $1.4M |
| 2023 | 144 | $52.9M | $817,899 | $1.4M |
| 2022 | 143 | $45.2M | $789,435 | $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 |
|---|---|---|---|---|
| NFP RETIREMENT INC. | INVESTMENT ADVISOR | $34,122 | — | $34,122 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $32,052 | — | $32,052 |
| BLACK & PINCKARD LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC. — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BLACK & PINCKARD LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,174
- Estimated Expense Ratio: 0.111% 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 | $69,275 | $37,223 | $300 | — | — |
| 2023 | $63,642 | $4,388 | — | $11,500 | — |
| 2022 | $20,553 | $351 | — | — | — |