Plan Ledger DOL Form 5500 · updated monthly

Hfri, LLC401(k)

HFRI, LLC 401(K) PLAN · ELGIN, IL · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Hfri, LLC reported $1,266 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,298 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 finance & insurance employers. By assets it is among the smaller plans on file in Illinois (3,026th of 3,702), and 4,485th of 4,798 in finance & insurance. In 2022, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,424,295
Participants with balances150
Active participants249
Employer contributions$323,303
Employee contributions$648,584
Employer contribution per active participant$1,298
Average account balance$29,495
Benefits paid to participants$424,601
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS INC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $11K emplr
2022$4.4M · 150 accts · $323K emplr
The Hfri, LLC 401(k) match · 2022
Employer contribution per active participant$1,298
Median for plans this size$1,114

Hfri, LLC's 2022 employer contribution ran above 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 history2
2023Not separately reported
2022$1,266 · 0.03%
Similar plansFinance & Insurance · Illinois
Pronto Finance, Inc. IL$5.0M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383941019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.