Plan Ledger DOL Form 5500 · updated monthly

Hbc US Holdings LLC401(k)

HBC 401(K) RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Hbc US Holdings LLC reported $811,776 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $426 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 3 years on file its reported administrative ratio has held roughly steady near 0.153%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 216th-largest of 5,648 plans among New York employers on file, and the 109th of 5,215 in retail trade. In 2024, employees put in $8.43 for every $1.00 the employer contributed; active participation has shrunk from 7,317 to 5,627 since 2022.

Plan summary
Net assets, end of year$534,502,669
Participants with balances9,511
Active participants5,627
Employer contributions$2,398,903
Employee contributions$20,214,902
Employer contribution per active participant$426
Average account balance$56,198
Benefits paid to participants$70,928,050
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$534.5M · 9,511 accts · $2.4M emplr
2023$526.6M · 10,146 accts · $2.4M emplr
2022$497.7M · 10,592 accts · $3.7M emplr
The Hbc US Holdings LLC 401(k) match · 2024
Employer contribution per active participant$426
Median for plans this size$4,294
2024$426 per active participant
2023$376 per active participant
2022$509 per active participant

Hbc US Holdings LLC's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. 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 · 20246
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping · Trustee$422,107
SAKS & COMPANY LLC · Plan administrator$200,298
MERCER INVESTMENTS LLC · Consulting · Investment advisory (plan)$100,000
DELOITTE & TOUCHE LLP · Accounting / audit$42,820
MCDERMOTT WILL & EMERY LLP · Consulting · Legal$41,539
CBIZ EAST INC · Accounting / audit$4,987

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$811,776 · 0.15%
2023$780,237 · 0.15%
2022$851,721 · 0.15%
Same employer
Similar plansRetail Trade · New York
Barnes & Noble, Inc. NY$789.9M · 0.06%
Tapestry, Inc. NY$659.1M · 0.09%
Northeast Grocery, Inc. NY$552.7M · 0.08%
Foot Locker, Inc. NY$449.5M · 0.19%
Peloton Interactive, Inc. NY$231.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990372181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.