Plan Ledger DOL Form 5500 · updated monthly

Hawk Ridge Systems401(k)

HAWK RIDGE SYSTEMS LLC 401(K) PROFIT SHARING PLAN & TRUST · MOUNTAIN VIEW, CA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Hawk Ridge Systems reported $93,789 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,007 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 0.36% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,317th-largest of 9,483 plans among California employers on file, and the 5,097th of 11,654 in professional & technical services. In 2024, employees put in $3.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,776,051
Participants with balances443
Active participants372
Employer contributions$746,506
Employee contributions$2,524,374
Employer contribution per active participant$2,007
Average account balance$51,413
Benefits paid to participants$1,290,147
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 443 accts · $747K emplr
2023$18.0M · 433 accts · $759K emplr
2022$12.8M · 421 accts · $678K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,789
Total administrative$93,789
The Hawk Ridge Systems 401(k) match · 2024
Employer contribution per active participant$2,007
Median for plans this size$2,416
2024$2,007 per active participant
2023$1,926 per active participant
2022$1,691 per active participant

Hawk Ridge Systems's 2024 employer contribution ran below the $2,416 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 · 20244
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$45,797
EMPOWER ADVISORY GROUP LLC · Investment management$14,557
PENTEGRA SERVICES INC. · Contract administrator$4,430

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$93,789 · 0.46%
2023$56,157 · 0.36%
2022$45,508 · 0.36%
Same employer
Similar plansProfessional & Technical Services · California
Accellion USA, LLC CA$22.9M · 0.01%
Sauce Labs, Inc. CA$22.9M · 0.22%
Assembly Biosciences, Inc. CA$22.8M · 0.16%
Liferay, Inc. CA$22.7M · 0.41%
Telesign Corporation CA$22.6M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943382356 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.