Plan Snapshot
- Plan Sponsor: Sk Hynix America INC.
- Sponsor EIN: 942876679
- Sponsor Address: 3101 NORTH FIRST STREET, SAN JOSE, CA, 95134
- Plan Type: 401(k)
- Total Participants: 314
- Total Assets: $83.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 314 | $83.5M | $2.2M | $5.1M |
| 2023 | 234 | $70.5M | $1.2M | $3.3M |
| 2022 | 203 | $56.3M | $1.6M | $3.8M |
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 |
|---|---|---|---|---|
| FINANCIAL ADVOCATES INVMT MGMT LLC | INVESTMENT ADVISOR | $39,134 | — | $39,134 |
| MOSS-ADAMS LLP | ACCOUNTANT/AUDITOR | $25,725 | — | $25,725 |
| BAKER TILLY US, LLP | Auditor | $25,725 | — | $25,725 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $8,624 | — | $8,624 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FINANCIAL ADVOCATES INVMT MGMT LLC — INVESTMENT ADVISOR
- MOSS-ADAMS LLP — ACCOUNTANT/AUDITOR
- BAKER TILLY US, LLP — Auditor
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,208
- Estimated Expense Ratio: 0.119% 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 | $22,599 | $47,757 | — | $25,725 | — |
| 2023 | $25,084 | $52,240 | — | $24,465 | — |
| 2022 | $51,625 | $4,473 | — | — | — |