Plan Ledger DOL Form 5500 · updated monthly

Hbpo North America, Inc.401(k)

HBPO NORTH AMERICA, INC. 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Hbpo North America, Inc. reported $56,619 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $3,409 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,648th of 2,619), and 9,411th of 13,661 in manufacturing. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,566,455
Participants with balances233
Active participants192
Employer contributions$654,514
Employee contributions$975,496
Employer contribution per active participant$3,409
Average account balance$36,766
Benefits paid to participants$1,537,814
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,236
Investment management$15,383
Total administrative$56,619
The Hbpo North America, Inc. 401(k) match · 2024
Employer contribution per active participant$3,409
Median for plans this size$1,313

Hbpo North America, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
MORGAN STANLEY · Investment advisory (plan)$12,922
EMPOWER ADVISORY GROUP, LLC · Investment management$2,461

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

Administrative cost history1
2024$56,619 · 0.73%
Same employer
Similar plansManufacturing · Michigan
Skyway Precision Inc. MI$8.7M · 0.40%
Bayloff Stamped Products MI$8.7M · 0.47%
Linn Products, Inc. MI$8.7M · 0.42%
Chemico LLC MI$8.6M · 0.54%
Safari Circuits, LLC MI$8.5M · 0.32%
Associated Spring US, LLC MI$8.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383490119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.