Plan Ledger DOL Form 5500 · updated monthly

HC3, Inc.401(k)

HC3, INC. 401(K) PROFIT SHARING PLAN · IRONDALE, AL · plan year 2022

Reported admin expense ratio · 2022
0.80%

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

HC3, Inc. reported $38,416 in plan administrative expenses for 2022: 0.80% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,102 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 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alabama (648th of 902), and 9,939th of 11,654 in professional & technical services. In 2022, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,634,742
Participants with balances81
Active participants127
Employer contributions$139,925
Employee contributions$335,456
Employer contribution per active participant$1,102
Average account balance$57,219
Benefits paid to participants$387,250
Plan auditUnmodified (clean) audit opinion
AuditorBRUNSON WILKERSON BOWDEN & ASSOC PC
The HC3, Inc. 401(k) match · 2022
Employer contribution per active participant$1,102
Median for plans this size$1,114

HC3, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$38,416 · 0.80%
Similar plansProfessional & Technical Services · Alabama
Lotus HR, Inc. AL$6.7M · 1.25%
Charter HR, Inc. AL$6.1M · 1.19%
Axim Geospatial, LLC AL$5.3M · 1.62%
Ranger Land Systems, Inc. AL$3.4M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630978251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.