Plan Snapshot
- Plan Sponsor: Seoyon E Hwa Interior Systems Al
- Sponsor EIN: 020743808
- Sponsor Address: 7851 BILL JOSEPH PKWY, MONTGOMERY, AL, 36105
- Plan Type: 401(k)
- Total Participants: 485
- Total Assets: $3.7M
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 | 485 | $3.7M | $183,966 | $627,787 |
| 2023 | 474 | $2.9M | $192,253 | $522,284 |
| 2022 | 404 | $2.2M | $114,910 | $352,010 |
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 |
|---|---|---|---|---|
| KO & YUN 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 | $62,943 | $6,012 | — | — | — |
| 2023 | $43,318 | — | $43,318 | — | — |
| 2022 | $27,732 | — | — | — | $27,732 |