Plan Snapshot
- Plan Sponsor: The Hamlin Companies, INC.
- Sponsor EIN: 561390568
- Sponsor Address: 1411 WEST GARNER RD, GARNER, NC, 275293029
- Plan Type: 401(k)
- Total Participants: 124
- Total Assets: $14.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 124 | $14.1M | $374,825 | $825,079 |
| 2023 | 113 | $12.7M | $333,743 | $710,326 |
| 2022 | 108 | $12.7M | $294,372 | $645,903 |
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 |
|---|---|---|---|---|
| THOMAS JUDY & TUCKER, 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 | $74,091 | — | $74,091 | — | — |
| 2023 | $63,728 | — | $63,728 | — | — |
| 2022 | $68,843 | — | $68,843 | — | — |