Plan Ledger DOL Form 5500 · updated monthly

Hbw Holdings, Inc.401(k)

HOME BUYERS WARRANTY 401(K) PLAN · AURORA, CO · plan year 2023

Reported admin expense ratio · 2023
0.38%

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

Hbw Holdings, Inc. reported $135,743 in plan administrative expenses for 2023: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,262 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 has held roughly steady near 0.382%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 304th-largest of 1,461 plans among Colorado employers on file, and the 2,002nd of 4,798 in finance & insurance. In 2023, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,922,183
Participants with balances681
Active participants527
Employer contributions$1,192,189
Employee contributions$3,204,644
Employer contribution per active participant$2,262
Average account balance$57,154
Benefits paid to participants$3,755,020
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$38.9M · 681 accts · $1.2M emplr
2022$32.2M · 694 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$85,772
Investment management$49,971
Total administrative$135,743
The Hbw Holdings, Inc. 401(k) match · 2023
Employer contribution per active participant$2,262
Median for plans this size$2,440
2023$2,262 per active participant
2022$2,015 per active participant

Hbw Holdings, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$85,772
CREATIVE PLANNING, INC. · Investment advisory (plan)$49,971
PLANTE & MORAN, PLLC · Accounting / audit$17,500

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

Administrative cost history2
2023$135,743 · 0.38%
2022$133,068 · 0.38%
Same employer
Similar plansFinance & Insurance · Colorado
Hbw Holdings, Inc. CO$45.6M · 0.35%
Westerra Credit Union CO$41.7M · 0.30%
Cherry Creek Mortgage, LLC CO$38.9M · 0.26%
Copic Trust CO$37.3M · 0.00%
Partners Group (USA) Inc. CO$37.2M · 0.01%
Amg National Corp CO$33.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840933217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.