Plan Snapshot
- Plan Sponsor: The Hiller Companies, LLC.
- Sponsor EIN: 320372812
- Sponsor Address: 3751 JOY SPRINGS DRIVE, MOBILE, AL, 36693
- Plan Type: 401(k)
- Total Participants: 1,785
- Total Assets: $69.4M
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 | 1,785 | $69.4M | $3.2M | $7.5M |
| 2023 | 1,487 | $56.5M | $2.4M | $5.7M |
| 2022 | 1,431 | $44.2M | $308,760 | $746,602 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $175,708 | — | $175,708 |
| GRASSI & CO. CPAS, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRASSI & CO. CPAS, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $175,708
- Estimated Expense Ratio: 0.253% 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 | $173,224 | — | $173,224 | — | — |
| 2023 | $137,314 | — | $137,314 | — | — |
| 2022 | $8,667 | — | $8,667 | — | — |