Plan Snapshot
- Plan Sponsor: The Hmc Group Marketing, INC.
- Sponsor EIN: 770399094
- Sponsor Address: 13138 S. BETHEL AVENUE, KINGSBURG, CA, 93631
- Plan Type: 401(k)
- Total Participants: 396
- Total Assets: $15.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 396 | $15.5M | $334,000 | $585,678 |
| 2023 | 435 | $14.0M | $307,968 | $548,641 |
| 2022 | 442 | $11.1M | $286,196 | $502,637 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL | NONE | $36,798 | — | $36,798 |
| CUTTONE & MASTO, CERTIFIED PUBLIC A | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,798
- Estimated Expense Ratio: 0.238% 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 | $38,583 | $36,798 | $1,785 | — | — |
| 2023 | $31,269 | $30,084 | $1,185 | — | — |
| 2022 | $30,099 | $28,809 | $1,290 | — | — |