Plan Ledger DOL Form 5500 · updated monthly

Hbt Financial, Inc.401(k)

HBT FINANCIAL, INC. EMPLOYEES PROFIT SHARING TRUST · BLOOMINGTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Hbt Financial, Inc. reported $124,499 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $2,270 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 0.04% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 596th-largest of 3,702 plans among Illinois employers on file, and the 1,042nd of 4,798 in finance & insurance. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$95,022,592
Participants with balances970
Active participants819
Employer contributions$1,859,469
Employee contributions$4,168,216
Employer contribution per active participant$2,270
Average account balance$97,961
Benefits paid to participants$8,661,379
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$95.0M · 970 accts · $1.9M emplr
2023$81.8M · 974 accts · $1.8M emplr
2022$66.2M · 842 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,627
Total administrative$124,499
The Hbt Financial, Inc. 401(k) match · 2024
Employer contribution per active participant$2,270
Median for plans this size$3,635
2024$2,270 per active participant
2023$2,148 per active participant
2022$2,892 per active participant

Hbt Financial, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$31,644
CAPFINANCIAL PARTNERS, LLC.$12,500
PLANTE & MORAN, PLLC · Accounting / audit$5,000

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$124,499 · 0.14%
2023$112,166 · 0.15%
2022$25,251 · 0.04%
Same employer
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Captive Resources, LLC IL$98.9M · 0.25%
Advance Trading, Inc. IL$98.3M · 0.14%
Carrollton Bank IL$94.2M · 0.29%
Byline Bancorp, Inc. IL$92.2M · 0.21%
Magnetar Capital LLC IL$85.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371117216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.