Plan Ledger DOL Form 5500 · updated monthly

Habemco, LLC401(k)

HPUL SAVINGS PLAN LLC · UPPER LAKE, CA · plan year 2024

Reported admin expense ratio · 2024
0.77%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Habemco, LLC reported $49,206 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $1,563 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.44% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (6,249th of 9,483), and 4,245th of 4,798 in finance & insurance. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,281,513
Participants with balances157
Active participants247
Employer contributions$386,064
Employee contributions$869,224
Employer contribution per active participant$1,563
Average account balance$46,379
Benefits paid to participants$315,656
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 157 accts · $386K emplr
2023$5.5M · 156 accts · $329K emplr
2022$4.6M · 144 accts · $243K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,912
Investment management$16,294
Total administrative$49,206
The Habemco, LLC 401(k) match · 2024
Employer contribution per active participant$1,563
Median for plans this size$1,313
2024$1,563 per active participant
2023$1,140 per active participant
2022$1,039 per active participant

Habemco, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$32,912
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$12,007

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$49,206 · 0.77%
2023$38,712 · 0.76%
2022$21,937 · 0.44%
Same employer
Similar plansFinance & Insurance · California
Aspiration Partners, Inc. CA$7.7M · 0.52%
Vouch, Inc. CA$7.6M · 0.39%
Ocmbc Inc. CA$7.2M
Farther Finance, Inc. CA$7.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832117738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.