Hired401(k)
HIRED 401(K) PLAN · MINNEAPOLIS, MN · plan year 2025
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Hired reported $33,193 in plan administrative expenses for 2025: 0.54% of average plan assets, below the peer median. Employer contributions averaged $1,880 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 3 years on file its reported administrative ratio rose from 0.02% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Minnesota (1,472nd of 1,918), and the 1,264th of 2,534 in administrative & support services. In 2025, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 93 to 110 since 2022.
Hired's 2025 employer contribution ran above the $1,464 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.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 416078344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.