Plan Ledger DOL Form 5500 · updated monthly

Hgl-Lbm Holdings LLC401(k)

HGL-LBM HOLDINGS, LLC PROFIT SHARING PLAN · NEWPORT, NH · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Hgl-Lbm Holdings LLC reported $114,049 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,694 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 has held roughly steady near 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 71st-largest of 411 plans among New Hampshire employers on file, and the 580th of 5,215 in retail trade. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,109,599
Participants with balances557
Active participants468
Employer contributions$1,728,618
Employee contributions$1,830,384
Employer contribution per active participant$3,694
Average account balance$104,326
Benefits paid to participants$5,075,105
Plan auditUnmodified (clean) audit opinion
AuditorGALLAGHER, FLYNN & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$58.1M · 557 accts · $1.7M emplr
2023$52.3M · 524 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,049
Total administrative$114,049
The Hgl-Lbm Holdings LLC 401(k) match · 2024
Employer contribution per active participant$3,694
Median for plans this size$3,635
2024$3,694 per active participant
2023$4,177 per active participant

Hgl-Lbm Holdings LLC's 2024 employer contribution ran above the $3,635 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
COMMONWEALTH EQUITY SERVICES, LLC · Investment advisory (plan)$43,017
NBT BANK NA DBA TPA EXPERTS · Contract administrator$5,017

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

Administrative cost history2
2024$114,049 · 0.21%
2023$96,711 · 0.20%
Similar plansRetail Trade · New Hampshire
Eastern Propane Gas, Inc. NH$85.0M · 0.20%
Hgl-Lbm Holdings LLC NH$44.3M · 0.24%
Belletete's, Inc. NH$36.4M · 0.31%
Grappone Mgmt. Co., Inc. NH$35.8M · 0.29%
Rugby Holdings LLC NH$33.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823866292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.