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EMPLOYEE BENEFIT PLAN OF HCL MANAGEMENT, LLC 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF HCL MANAGEMENT, LLC
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF HCL MANAGEMENT, LLC Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • 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 contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

HCL MANAGEMENT, LLC has sponsored the creation of one or more 401k plans.

Company Name:HCL MANAGEMENT, LLC
Employer identification number (EIN):454054931
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF HCL MANAGEMENT, LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LORI YU2024-06-06
0012022-01-01LORI YU2023-07-19
0012021-01-01HEATHER LEACH2022-07-19
0012020-01-01RACHEL KINNS2021-07-15

Financial Data on EMPLOYEE BENEFIT PLAN OF HCL MANAGEMENT, LLC

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF HCL MANAGEMENT, LLC 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-250
Total liabilities as of the end of the plan year2025-06-250
Total liabilities as of the beginning of the plan year2025-06-250
Total expenses incurred by plan in this plan year2025-06-2545549
Net assets as of the end of the plan year2025-06-251891202
Total assets as of the beginning of the plan year2025-06-251436971
Value of plan covered by a fidelity bond2025-06-25160000
Participant contributions to plan in this plan year2025-06-25125659
Value of participant loans at end of plan year2025-06-2513205
Other expenses paid from plan in this plan year2025-06-250
Other contributions to plan in this plan year2025-06-250
Other income to plan in this plan year2025-06-25271183
Plan net income in this plan year2025-06-25454231
Net assets as of the end of the plan year2025-06-251891202
Net assets as of the beginning of the plan year2025-06-251436971
Employer contributions to plan in this plan year2025-06-25102938
Fees paid to broker by Benefit Provider2025-06-25204
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-2542
2024 : EMPLOYEE BENEFIT PLAN OF HCL MANAGEMENT, LLC 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-060
Total liabilities as of the end of the plan year2024-06-060
Total liabilities as of the beginning of the plan year2024-06-060
Total expenses incurred by plan in this plan year2024-06-0639607
Net assets as of the end of the plan year2024-06-061436972
Total assets as of the beginning of the plan year2024-06-061056076
Value of plan covered by a fidelity bond2024-06-06160000
Participant contributions to plan in this plan year2024-06-06107836
Value of participant loans at end of plan year2024-06-0617027
Other expenses paid from plan in this plan year2024-06-060
Other contributions to plan in this plan year2024-06-060
Other income to plan in this plan year2024-06-06228617
Plan net income in this plan year2024-06-06380896
Net assets as of the end of the plan year2024-06-061436972
Net assets as of the beginning of the plan year2024-06-061056076
Employer contributions to plan in this plan year2024-06-0684050
Fees paid to broker by Benefit Provider2024-06-06978
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-060
2022 : EMPLOYEE BENEFIT PLAN OF HCL MANAGEMENT, LLC 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-190
Total liabilities as of the end of the plan year2022-07-190
Total liabilities as of the beginning of the plan year2022-07-190
Total expenses incurred by plan in this plan year2022-07-1942978
Net assets as of the end of the plan year2022-07-191505113
Total assets as of the beginning of the plan year2022-07-191194007
Value of plan covered by a fidelity bond2022-07-19160000
Participant contributions to plan in this plan year2022-07-1992038
Value of participant loans at end of plan year2022-07-194928
Other expenses paid from plan in this plan year2022-07-1932
Other contributions to plan in this plan year2022-07-19769
Other income to plan in this plan year2022-07-19180149
Plan net income in this plan year2022-07-19311106
Net assets as of the end of the plan year2022-07-191505113
Net assets as of the beginning of the plan year2022-07-191194007
Employer contributions to plan in this plan year2022-07-1981128

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