Re Hansen Ind., Inc DBA Islandaire 401(k) match, vesting and fees
What Re Hansen Ind., Inc DBA Islandaire's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Life & Annuity Insurance Co | Schedule C ↗ |
| Independent auditor | Samuel Goldstein & Co PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Re Hansen Ind., Inc DBA Islandaire: employer contribution per participant | $978 | |
| Peer median | $1,847 |
| Re Hansen Ind., Inc DBA Islandaire: average balance | $76,412 | |
| Peer median | $65,512 |
| Re Hansen Ind., Inc DBA Islandaire: admin expenses ÷ assets | 0.40% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $12.2M at the end of plan year 2021 to $11.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 163 | $11.6M | $149K | $978 | 0.40% | Not published | Form 5500 ↗ |
| 2023 | 159 | $10.4M | $145K | $983 | 0.50% | Not published | Form 5500 ↗ |
| 2022 | 185 | $8.6M | $132K | $787 | 0.46% | Not published | Form 5500 ↗ |
| 2021 | 157 | $12.2M | $110K | $756 | 0.15% | Not published | Form 5500 ↗ |
Common questions
Does Re Hansen Ind., Inc DBA Islandaire match 401(k) contributions?
The match terms for the Islandaire, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $149K in employer contributions, about $978 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Re Hansen Ind., Inc DBA Islandaire 401(k) match vested?
The vesting schedule for the Islandaire, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Re Hansen Ind., Inc DBA Islandaire 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Life & Annuity Insurance Co. The plan administrator is Re Hansen Ind., Inc DBA Islandaire.
I left Re Hansen Ind., Inc DBA Islandaire. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Re Hansen Ind., Inc DBA Islandaire, (631) 471-2900) or the recordkeeper, Empower Life & Annuity Insurance Co. The Re Hansen Ind., Inc DBA Islandaire old 401(k) page lists the contacts from every plan filing. Find an old Re Hansen Ind., Inc DBA Islandaire 401(k)
Data from the public Form 5500 annual reports Re Hansen Ind., Inc DBA Islandaire filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Re Hansen Ind., Inc DBA Islandaire. Not financial advice. Report a correction · Methodology