Plan Snapshot
- Plan Sponsor: Puente Hills Hyundai, LLC
- Sponsor EIN: 800418024
- Sponsor Address: 17621 GALE AVE., CITY OF INDUSTRY, CA, 91748
- Plan Type: 401(k)
- Total Participants: 282
- Total Assets: $8.0M
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 | 282 | $8.0M | $0 | $685,048 |
| 2023 | 299 | $6.8M | $127 | $668,344 |
| 2022 | 243 | $5.6M | $0 | $610,899 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $36,634 | — | $36,634 |
| SCP RETIREMENT SERVICES LLC | SERVICE PROVIDER | $3,675 | $2,701 | $6,376 |
| LEMAS & ASSOCIATES | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,010
- Estimated Expense Ratio: 0.536% 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 | $21,483 | $15,158 | $6,325 | — | — |
| 2023 | $18,676 | $6,100 | $12,576 | — | — |
| 2022 | $16,058 | — | $16,058 | — | — |