Plan Ledger DOL Form 5500 · updated monthly

Hindman LLC401(k)

HINDMAN LLC 401(K) PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.80%

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

Hindman LLC reported $24,462 in plan administrative expenses for 2023: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,290 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 1 year on file its reported administrative ratio rose from 0.48% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (3,142nd of 3,702), and 4,180th of 5,215 in retail trade. In 2023, employees put in $3.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,590,089
Participants with balances147
Active participants149
Employer contributions$192,238
Employee contributions$630,418
Employer contribution per active participant$1,290
Average account balance$24,422
Benefits paid to participants$331,308
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO LTD
Plan history2
Yearassets · accounts · employer contribution
2023$3.6M · 147 accts · $192K emplr
2022$2.5M · 150 accts · $180K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,443
Investment management$9,427
Total administrative$24,462
The Hindman LLC 401(k) match · 2023
Employer contribution per active participant$1,290
Median for plans this size$1,308
2023$1,290 per active participant
2022$1,243 per active participant

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

Service providers · 20232
MMA SECURITIES · Investment advisory (plan)$9,239

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

Administrative cost history2
2023$24,462 · 0.80%
2022$11,238 · 0.48%
Same employer
Similar plansRetail Trade · Illinois
Berkot LTD. IL$4.3M · 0.44%
Meyer Oil Company IL$4.2M · 0.02%
R.I.S.N. Operations Inc. IL$3.4M · 0.02%
Lehan Drugs IL$3.2M · 0.58%
Harmon Foods, Inc. IL$3.1M · 0.34%
Lenny's Gas N Wash, LLC IL$3.0M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 822587891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.