Plan Ledger DOL Form 5500 · updated monthly

Hb Performance Systems, Inc.401(k)

HB PERFORMANCE SYSTEMS, INC. 401(K) PLAN · MEQUON, WI · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Hb Performance Systems, Inc. reported $49,013 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,873 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 fell from 0.24% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 781st-largest of 1,936 plans among Wisconsin employers on file, and the 5,421st of 13,661 in manufacturing. In 2024, employees put in $3.58 for every $1.00 the employer contributed; active participation has shrunk from 144 to 125 since 2022.

Plan summary
Net assets, end of year$23,002,319
Participants with balances192
Active participants125
Employer contributions$359,165
Employee contributions$1,284,174
Employer contribution per active participant$2,873
Average account balance$119,804
Benefits paid to participants$2,984,289
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 192 accts · $359K emplr
2023$20.8M · 191 accts · $160K emplr
2022$18.7M · 183 accts · $345K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,013
Total administrative$49,013
The Hb Performance Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,873
Median for plans this size$2,416
2024$2,873 per active participant
2023$1,228 per active participant
2022$2,399 per active participant

Hb Performance Systems, Inc.'s 2024 employer contribution ran above 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,012
DANA INVESTMENT ADVISORS INC · Investment advisory (plan)indirect comp

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$49,013 · 0.22%
2023$50,113 · 0.25%
2022$47,043 · 0.24%
All plans at this employer2
HB PERFORMANCE SYSTEMS, INC. 401(K) PLAN FOR BARGAINED EMPLOYEES401(k)
HB PERFORMANCE SYSTEMS, INC. 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Wisconsin
Saco Aei Polymers, Inc. WI$23.4M · 0.46%
Pacur LLC WI$23.1M · 0.46%
Therma-Stor LLC WI$22.9M · 0.34%
Kapco, Inc. WI$22.8M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202905208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.