Plan Snapshot
- Plan Sponsor: New Hire, LLC
- Sponsor EIN: 264689576
- Sponsor Address: 8705B NORTHWEST DR STE 10, SOUTHAVEN, MS, 386712432
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 205
- Total Assets: $8.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 205 | $8.0M | $191,595 | $426,679 |
| 2023 | 188 | $6.7M | $209,697 | $477,046 |
| 2022 | 206 | $5.7M | $181,196 | $362,641 |
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 |
|---|---|---|---|---|
| PRIDA, GUIDA & PEREZ, P.A. | 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 | $1,405 | — | — | — | — |
| 2023 | $955 | — | — | — | — |
| 2022 | $1,628 | — | — | — | — |