Plan Ledger DOL Form 5500 · updated monthly

Heplerbroom, LLC401(k)

HEPLERBROOM, LLC 401(K) PROFIT SHARING PLAN · EDWARDSVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Heplerbroom, LLC reported $39,091 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,680 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 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 699th-largest of 3,702 plans among Illinois employers on file, and the 1,967th of 11,654 in professional & technical services. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$73,705,858
Participants with balances261
Active participants182
Employer contributions$1,579,758
Employee contributions$1,558,984
Employer contribution per active participant$8,680
Average account balance$282,398
Benefits paid to participants$5,097,306
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$73.7M · 261 accts · $1.6M emplr
2023$67.3M · 288 accts · $1.5M emplr
2022$59.3M · 280 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,091
Total administrative$39,091
The Heplerbroom, LLC 401(k) match · 2024
Employer contribution per active participant$8,680
Median for plans this size$3,635
2024$8,680 per active participant
2023$7,584 per active participant
2022$7,670 per active participant

Heplerbroom, LLC's 2024 employer contribution ran above the $3,635 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$22,637

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

Administrative cost history3
2024$39,091 · 0.06%
2023$30,702 · 0.05%
2022$23,535 · 0.04%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 371009085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.