Retirement plan

HUNTER COMMUNICATIONS 401(K) PLAN

Name: HUNTER COMMUNICATIONS INC. - HUNTER COMMUNICATIONS 401(K) PLAN (2024) Form 5500
Creator: HUNTER COMMUNICATIONS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HUNTER COMMUNICATIONS 401(K) PLAN, HUNTER COMMUNICATIONS INC.

HUNTER COMMUNICATIONS INC.EIN 93-1144131Plan #001PY 2024

801 ENTERPRISE DRIVE - CENTRAL POINT, OR 97502541-414-1400hunterfiber.comLinkedIn51-200 employeestelecommunications

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$7.3M

+37.0% from 2023

Total participants

244

+20.8% from 2023

Average account balance

$30,745

+15.8% from 2023

Annual return

13.93%

-9.92 pp from 2023

Benchmarks

See 3,448 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,448 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$7.35M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$31K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

239

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.93%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$175

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
NORTHWESTERN MUTUAL INVESTMENT SERV1 year Filed as: NORTHWESTERN MUTUAL WEALTH Service code 27 · EIN 39-2018056	Advisory (Plan)	$31,964
STANCORP FINANCIAL GROUP1 year Service code 12 · EIN 93-1253576	Direct payment from the plan; Claims ...	$30,032

Plan features & details

Pension benefit codes2E2J2K2S3D2T2F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$42K

$208 / participant

Contract admin$42K100.0%

% of EOY assets

0.568%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LARSON GROSS ASSURRANCE, PLLC
Auditor EIN: 332373484
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,745

$80,731-61.9%

$103,378-70.3%

$74,400-58.7%

Participation rate

97.5%

65.7%+31.8pp

74.5%+23.0pp

67.2%+30.3pp

Annual return

13.93%

27.56%-13.6pp

24.91%-11.0pp

1367.51%-1353.6pp

Employer contribution / active EE

$2,266

$3,159-28.3%

$3,870-41.5%

$2,624-13.7%

Participant deferral / active EE

$4,665

$3,862+20.8%

$5,058-7.8%

$4,348+7.3%

Admin fee / account holder

$175

$2,369-92.6%

$8,401-97.9%

$1,944-91.0%

Provider

Service type

Compensation

NORTHWESTERN MUTUAL INVESTMENT SERV1 year

Filed as: NORTHWESTERN MUTUAL WEALTH

Service code 27 · EIN 39-2018056

Advisory (Plan)

$31,964

STANCORP FINANCIAL GROUP1 year

Service code 12 · EIN 93-1253576

Direct payment from the plan; Claims ...

$30,032

HUNTER COMMUNICATIONS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HUNTER COMMUNICATIONS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion