Plan Ledger DOL Form 5500 · updated monthly

Hf Group LLC401(k)

HF GROUP LLC 401(K) PLAN · CHESTERLAND, OH · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Hf Group LLC reported $32,322 in plan administrative expenses for 2023: 0.34% of average plan assets, below the peer median. Employer contributions averaged $238 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 fell from 0.36% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,977th of 3,295), and 8,723rd of 13,661 in manufacturing. In 2023, employees put in $6.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,130,289
Participants with balances153
Active participants201
Employer contributions$47,767
Employee contributions$318,092
Employer contribution per active participant$238
Average account balance$66,211
Benefits paid to participants$421,387
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 143 accts · $79K emplr
2023$10.1M · 153 accts · $48K emplr
2022$8.8M · 159 accts · $99K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,039
Investment management$18,283
Total administrative$32,322
The Hf Group LLC 401(k) match · 2023
Employer contribution per active participant$238
Median for plans this size$1,308
2024$375 per active participant
2023$238 per active participant
2022$497 per active participant

Hf Group LLC's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NEWPORT GROUP, INC. · Recordkeeping · Custodial (securities)$14,039
ANCORA RETIREMENT PLAN ADVISORS · Investment advisory (participants) · Investment advisory (plan)$18,283

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$30,589 · 0.32%
2023$32,322 · 0.34%
2022$35,600 · 0.36%
Similar plansManufacturing · Ohio
Tfo Tech Company LTD. OH$10.2M · 0.21%
Canton Drop Forge, Inc. OH$10.2M · 0.03%
Hirschvogel, Inc. OH$10.2M · 0.72%
West-Camp Press, Inc. OH$10.0M · 0.01%
Graphel Corporation OH$10.0M · 0.01%
Nmc Company OH$10.0M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204101469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.