Plan Snapshot
- Plan Sponsor: Haier Us Appliance Solutions, INC.
- Sponsor EIN: 203820289
- Sponsor Address: 789 PEACH STREET, SELMER, TN, 38375
- Plan Type: 401(k)
- Total Participants: 421
- Total Assets: $10.5M
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 | 421 | $10.5M | $501,512 | $573,736 |
| 2023 | 366 | $10.4M | $501,368 | $573,658 |
| 2022 | 377 | $10.0M | $534,338 | $615,522 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $5,927 | $101 | — | — | — |
| 2023 | $6,139 | $11 | — | — | — |
| 2022 | $4,688 | — | — | — | — |