Plan Ledger DOL Form 5500 · updated monthly

Hallmark Cards, Inc.401(k)

BUSINESS PERFORMANCE SAVINGS PLAN OF HALLMARK CARDS, INCORPORATED · KANSAS CITY, MO · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Hallmark Cards, Inc. reported $996,895 in plan administrative expenses for 2023: 0.05% of average plan assets, below the peer median. Employer contributions averaged $4,276 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 0.03% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,075 comparable plans and shown alongside other wholesale trade employers. By assets it is the 12th-largest of 1,393 plans among Missouri employers on file, and the 22nd of 4,246 in wholesale trade. In 2023, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,065,326,837
Participants with balances8,129
Active participants5,031
Employer contributions$21,511,422
Employee contributions$33,343,343
Employer contribution per active participant$4,276
Average account balance$254,069
Benefits paid to participants$309,828,887
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0B · 7,951 accts · $22.3M emplr
2023$2.1B · 8,129 accts · $21.5M emplr
2022$2.0B · 8,150 accts · $20.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$423,085
Investment management$554,310
Audit (IQPA)$19,500
Total administrative$996,895
The Hallmark Cards, Inc. 401(k) match · 2023
Employer contribution per active participant$4,276
Median for plans this size$5,237
2024$4,449 per active participant
2023$4,276 per active participant
2022$4,148 per active participant

Hallmark Cards, Inc.'s 2023 employer contribution ran below the $5,237 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
EMPOWER ANNUITY INS. CO. OF AMERICA · Recordkeeping · Loan processing$423,085
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$1,037,778
STATE STREET BANK & TRUST · Custodial · Custodial (securities)$506,402
CALLAN ASSOCIATES, INC · Consulting · Investment management$42,475
RUBINBROWN, LLP · Accounting / audit$19,500
EVESTMENT · Consulting · Investment management$5,434

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,058,887 · 0.05%
2023$996,895 · 0.05%
2022$684,136 · 0.03%
All plans at this employer3
BUSINESS PERFORMANCE SAVINGS PLAN OF HALLMARK CARDS, INCORPORATED401(k)
RETAIL SERVICE GROUP SAVINGS PLAN OF HALLMARK CARDS, INCORPORATED401(k)
HALLMARK AFFILIATES EMPLOYEE SAVINGS PLAN401(k)
Same employer
Similar plansWholesale Trade · Missouri
Bmw of North America, LLC NJ$2.3B · 0.12%
Ricoh USA, Inc. PA$2.2B · 0.05%
Wesco Distribution, Inc. PA$1.9B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440272180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.