Plan Snapshot
- Plan Sponsor: The Hanover Research Council, LLC
- Sponsor EIN: 200253005
- Sponsor Address: 4401 WILSON BLVD 4TH FLOOR, ARLINGTON, VA, 222034194
- Plan Type: 401(k)
- Total Participants: 432
- Total Assets: $38.0M
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 | 432 | $38.0M | $1.1M | $3.7M |
| 2023 | 388 | $29.8M | $1.0M | $3.6M |
| 2022 | 397 | $21.8M | $996,495 | $3.4M |
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 |
|---|---|---|---|---|
| CARON & BLETZER PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER PLLC — Auditor
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 | $185,883 | $102,011 | $83,872 | — | — |
| 2023 | $138,227 | $74,532 | $63,695 | — | — |
| 2022 | $119,829 | $64,189 | $55,640 | — | — |