Plan Ledger DOL Form 5500 · updated monthly

Hbw Properties, Inc. dba Hbw Group401(k)

HBW 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Hbw Properties, Inc. dba Hbw Group reported $34,925 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,129 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 4 years on file its reported administrative ratio has held roughly steady near 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Maryland (883rd of 1,671), and 3,763rd of 4,798 in finance & insurance. In 2024, employees put in $4.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,228,551
Participants with balances123
Active participants88
Employer contributions$187,348
Employee contributions$811,706
Employer contribution per active participant$2,129
Average account balance$99,419
Benefits paid to participants$2,212,486
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA
Plan history4
Yearassets · accounts · employer contribution
2025$11.3M · 130 accts · $164K emplr
2024$12.2M · 123 accts · $187K emplr
2023$11.4M · 128 accts · $179K emplr
2022$9.9M · 125 accts · $177K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,683
Investment management$14,673
Audit (IQPA)$5,569
Total administrative$34,925
The Hbw Properties, Inc. dba Hbw Group 401(k) match · 2024
Employer contribution per active participant$2,129
Median for plans this size$2,416
2025$2,220 per active participant
2024$2,129 per active participant
2023$2,058 per active participant
2022$1,825 per active participant

Hbw Properties, Inc. dba Hbw Group's 2024 employer contribution ran below the $2,416 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
ASCENSUS · Recordkeeping · Investment management$14,654
QP CONSULTING · Investment advisory (participants)$14,673
PRICEKUBECKA · Accounting / audit$5,570

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

Recordkeeper by year3
2025Ascensus
2024Ascensus
2023Ascensus

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

Administrative cost history4
2025$35,601 · 0.30%
2024$34,925 · 0.30%
2023$35,212 · 0.33%
2022$32,763 · 0.31%
Same employer
Similar plansFinance & Insurance · Maryland
Apwu - Health Plan MD$13.5M · 0.63%
Ascend One Corporation MD$13.1M · 0.33%
Hebron Savings Bank MD$11.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520891428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.