401k Record

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Hotwire Communications 401(k)

Recordkeeping fees per participant · Hotwire Communications 401(k) Plan · plan year 2024

$30.71

Higher than 27% of the 14,075 plans $10 to 50M that report it.

Source

= $27,212 / 886
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250918140437NAL0000697667001, received 2025-09-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250918140437NAL0000697667001, received 2025-09-18

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-18.

Cost and contributions

Administrative expenses excluding investment management, per participant

$135.82

10th: $15.36median $118.8890th: $340.63

Higher than 56% of the 24,371 plans $10 to 50M that report it.

Source

= $120,339 / 886
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250918140437NAL0000697667001, received 2025-09-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250918140437NAL0000697667001, received 2025-09-18

Administrative expenses per participant

$135.82

10th: $26.86median $197.2590th: $456.10

Higher than 35% of the 25,098 plans $10 to 50M that report it.

Source

= $120,339 / 886
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250918140437NAL0000697667001, received 2025-09-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250918140437NAL0000697667001, received 2025-09-18

Administrative expenses as a share of assets

0.330%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 57% of the 25,132 plans $10 to 50M that report it.

Source

= $120,339 / $36,516,760
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250918140437NAL0000697667001, received 2025-09-18
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250918140437NAL0000697667001, received 2025-09-18

Employer contributions per participant

$2,938

10th: $664median $2,07490th: $4,751

Higher than 71% of the 24,050 plans $10 to 50M that report it.

Source

= $2,602,854 / 886
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250918140437NAL0000697667001, received 2025-09-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250918140437NAL0000697667001, received 2025-09-18

Employer share of total contributions

30.0%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 58% of the 24,084 plans $10 to 50M that report it.

Source

= $2,602,854 / $8,666,198
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250918140437NAL0000697667001, received 2025-09-18
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250918140437NAL0000697667001, received 2025-09-18

Plan terms, as stated in Hotwire Communications, Ltd.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250918140437NAL0000697667001, received 2025-09-18

Full record, Hotwire Communications 401(k) Plan

FieldValueSource
Plan sponsorHOTWIRE COMMUNICATIONS, LTD.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250918140437NAL0000697667001, received 2025-09-18
Plan nameHOTWIRE COMMUNICATIONS 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250918140437NAL0000697667001, received 2025-09-18
Sponsor EIN / plan number01-0744734 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250918140437NAL0000697667001, received 2025-09-18
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250918140437NAL0000697667001, received 2025-09-18
Sponsor locationFORT LAUDERDALE, FLForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250918140437NAL0000697667001, received 2025-09-18
Industry (business code)517000, InformationForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250918140437NAL0000697667001, received 2025-09-18
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250918140437NAL0000697667001, received 2025-09-18
Filing received2025-09-18Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250918140437NAL0000697667001, received 2025-09-18
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250918140437NAL0000697667001, received 2025-09-18
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250918140437NAL0000697667001, received 2025-09-18
Participants, beginning of year1,825Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250918140437NAL0000697667001, received 2025-09-18
Active participants1,896Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250918140437NAL0000697667001, received 2025-09-18
Participants, end of year1,980Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250918140437NAL0000697667001, received 2025-09-18
Participants with an account balance886Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250918140437NAL0000697667001, received 2025-09-18
Total assets, beginning of year$25,864,142Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250918140437NAL0000697667001, received 2025-09-18
Total assets, end of year$36,516,760Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250918140437NAL0000697667001, received 2025-09-18
Net assets, end of year$36,516,760Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250918140437NAL0000697667001, received 2025-09-18
Total income$12,891,486Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250918140437NAL0000697667001, received 2025-09-18
Net income$10,652,618Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250918140437NAL0000697667001, received 2025-09-18
Employer contributions$2,602,854Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250918140437NAL0000697667001, received 2025-09-18
Participant contributions$5,141,020Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250918140437NAL0000697667001, received 2025-09-18
Other contributions (incl. rollovers)$922,324Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250918140437NAL0000697667001, received 2025-09-18
Total contributions$8,666,198Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250918140437NAL0000697667001, received 2025-09-18
Benefit payments$2,118,529Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250918140437NAL0000697667001, received 2025-09-18
Total expenses (incl. benefit payments)$2,238,868Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250918140437NAL0000697667001, received 2025-09-18
Total administrative expenses$120,339Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250918140437NAL0000697667001, received 2025-09-18
Contract administrator fees$93,127Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250918140437NAL0000697667001, received 2025-09-18
Recordkeeping fees$27,212Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250918140437NAL0000697667001, received 2025-09-18
Administrative expenses excluding investment management$120,339derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250918140437NAL0000697667001, received 2025-09-18
Held in common/collective trusts$1,117,330Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250918140437NAL0000697667001, received 2025-09-18
Held in mutual funds$34,469,761Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250918140437NAL0000697667001, received 2025-09-18
Independent auditorCLIFTONLARSONALLEN LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250918140437NAL0000697667001, received 2025-09-18

Position = column in the DOL layout for form year 2024. Filing 20250918140437NAL0000697667001, received 2025-09-18.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
ALERUS FINANCIAL, N.A.recordkeeperNONE 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 37 Participant loan processing; 50 Direct payment from the plan; 60 Sub-transfer agency fees; 64 Recordkeeping fees $121,580yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250918140437NAL0000697667001, received 2025-09-18.

What changed since the 2023 plan year

Figure20232024Change
Total assets$25,864,142$36,516,76041.2%
Participants with a balance70588625.7%
Administrative expenses$72,439$120,33966.1%
Recordkeeping fees per participant$19.21$30.7159.9%
Employer contributions$2,118,927$2,602,85422.8%

Prior filing 20241007174120NAL0015581025001, received 2024-10-07; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: HOTWIRE COMMUNICATIONS, LTD.; SEC registrant: Hotwire Communications, Ltd. (CIK 1887952, matched by EIN).