Plan Ledger DOL Form 5500 · updated monthly

Hbg Design, Inc.401(k)

HBG DESIGN, INC. 401(K) PLAN · MEMPHIS, TN · plan year 2022

Reported admin expense ratio · 2022
0.25%

Hbg Design, Inc. reported $31,429 in plan administrative expenses for 2022: 0.25% of average plan assets, below the peer median. 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Tennessee (1,291st of 1,496), and 10,777th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,300,500
Participants with balances52
Active participants0
Employer contributions$0
Employee contributions$0
Employer contribution per active participant—
Average account balance$44,240
Benefits paid to participants$17,347,226
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,975
Investment management$20,804
Professional / advisory$8,650
Total administrative$31,429
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$31,429 · 0.25%
Similar plansProfessional & Technical Services · Tennessee
B.T.L. Industries, Inc. TN$2.8M · 1.06%
Renuke Services Inc. TN$2.5M · 0.73%
Tumacs Corp TN$2.2M · 0.76%
Nationwide Studios, Inc. TN$2.0M · 1.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621049841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.