Plan Ledger DOL Form 5500 · updated monthly

Hbd Industries, Inc.401(k)

PROFIT SHARING & 401(K) PLAN FOR EMPLOYEES OF HBD INDUSTRIES, INC. AND SUBSIDIARIES · DUBLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Hbd Industries, Inc. reported $149,668 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $908 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 0.20% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 516th-largest of 3,295 plans among Ohio employers on file, and the 2,570th of 13,661 in manufacturing. In 2024, employees put in $3.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$66,012,305
Participants with balances985
Active participants769
Employer contributions$698,144
Employee contributions$2,359,776
Employer contribution per active participant$908
Average account balance$67,018
Benefits paid to participants$7,864,188
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.0M · 985 accts · $698K emplr
2023$62.8M · 984 accts · $429K emplr
2022$59.9M · 1,017 accts · $345K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,655
Audit (IQPA)$14,013
Total administrative$149,668
The Hbd Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$908
Median for plans this size$3,635
2024$908 per active participant
2023$549 per active participant
2022$423 per active participant

Hbd Industries, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$135,270
SCHNEIDER DOWNS · Accounting / audit$14,013
GLOBAL RETIREMENT PARTNERS LLC · 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$149,668 · 0.23%
2023$135,518 · 0.22%
2022$141,678 · 0.20%
Same employer
Similar plansManufacturing · Ohio
Roppe Corporation OH$66.8M · 0.05%
Xtek Inc OH$65.7M
Inoac Exterior Systems, LLC OH$64.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251555749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.