Plan Ledger DOL Form 5500 · updated monthly

Hk Enterprises, Inc.401(k)

HK ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN · CUPERTINO, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Hk Enterprises, Inc. reported $18,592 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $355 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 0.32% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 4,454th-largest of 9,483 plans among California employers on file, and the 1,317th of 3,341 in other services. In 2024, employees put in $6.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,560,737
Participants with balances413
Active participants491
Employer contributions$174,323
Employee contributions$1,052,894
Employer contribution per active participant$355
Average account balance$35,256
Benefits paid to participants$544,404
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 413 accts · $174K emplr
2023$12.2M · 394 accts · $137K emplr
2022$9.7M · 386 accts · $115K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,014
Investment management$578
Total administrative$18,592
The Hk Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$355
Median for plans this size$2,416
2024$355 per active participant
2023$269 per active participant
2022$225 per active participant

Hk Enterprises, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$18,592
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP, WILLIS & JURASEK, P.C.

This plan has changed recordkeepers within these filings. If you left Hk Enterprises, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,592 · 0.14%
2023$25,574 · 0.23%
2022$33,763 · 0.32%
Same employer
Similar plansOther Services · California
Balt USA, LLC CA$15.5M · 0.56%
Team San Jose CA$14.6M · 0.33%
Unico Mechanical Corp. CA$14.4M · 0.42%
El Proyecto Del Barrio,Inc. CA$14.4M · 0.14%
Pdq Enterprises, Inc CA$14.3M · 0.21%
East Lawn, Inc. CA$14.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470649307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.