Plan Snapshot
- Plan Sponsor: The Hilsinger Company
- Sponsor EIN: 810608730
- Sponsor Address: 575 WEST STREET SUITE 120, MANSFIELD, MA, 02048
- Plan Type: 401(k)
- Total Participants: 269
- Total Assets: $14.6M
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 | 269 | $14.6M | $650,070 | $1.1M |
| 2023 | 284 | $16.0M | $699,519 | $1.2M |
| 2022 | 298 | $13.3M | $740,288 | $1.3M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $79,693 | — | $79,693 |
| THE ANGELL PENSION GROUP, INC. | CONTRACT ADMIN | $46,128 | — | $46,128 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $29,043 | — | $29,043 |
| AAFCPAS INC | Auditor | $25,235 | — | $25,235 |
| ALEXANDER ARONSON FINNING & CO PC | AUDITOR | $22,115 | — | $22,115 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $6,707 | — | $6,707 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $208,921
- Estimated Expense Ratio: 1.428% 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 | $186,806 | $29,043 | $46,128 | $25,235 | — |
| 2023 | $129,539 | — | — | — | — |
| 2022 | $152,007 | — | — | — | — |