Plan Ledger DOL Form 5500 · updated monthly

Hm.Clause, Inc.401(k)

HM. CLAUSE, INC. 401 (K) RETIREMENT PLAN · DAVIS, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Hm.Clause, Inc. reported $172,721 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $5,766 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 0.20% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 981st-largest of 9,483 plans among California employers on file, and the 1,884th of 13,661 in manufacturing. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has grown from 486 to 719 since 2022.

Plan summary
Net assets, end of year$102,045,420
Participants with balances774
Active participants719
Employer contributions$4,145,525
Employee contributions$4,051,148
Employer contribution per active participant$5,766
Average account balance$131,842
Benefits paid to participants$10,618,275
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$102.0M · 774 accts · $4.1M emplr
2023$92.2M · 788 accts · $4.3M emplr
2022$80.5M · 772 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,527
Investment management$67,558
Total administrative$172,721
The Hm.Clause, Inc. 401(k) match · 2024
Employer contribution per active participant$5,766
Median for plans this size$3,635
2024$5,766 per active participant
2023$8,597 per active participant
2022$7,773 per active participant

Hm.Clause, Inc.'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
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$52,325
NWK GROUP INC · Investment advisory (plan)$65,000
ADVISED ASSETS GROUP, LLC · Investment management$2,558

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Hm.Clause, 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$172,721 · 0.18%
2023$161,619 · 0.19%
2022$176,651 · 0.20%
Same employer
Similar plansManufacturing · California
Magtek CA$105.0M
Del Monte Foods, Inc. CA$104.8M · 0.08%
Nagra USA, LLC CA$101.9M · 0.07%
Makita USA, Inc. CA$99.1M · 0.02%
Amyris, Inc. CA$98.6M

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Source: U.S. Department of Labor, Form 5500 series, EIN 941695235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.