Plan Ledger DOL Form 5500 · updated monthly

Hmc Group401(k)

HMC GROUP 401(K) PROFIT SHARING PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Hmc Group reported $186,232 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $2,006 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 rose from 0.21% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,126th-largest of 9,483 plans among California employers on file, and the 1,712th of 11,654 in professional & technical services. In 2024, employees put in $5.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,373,470
Participants with balances530
Active participants347
Employer contributions$695,932
Employee contributions$3,518,668
Employer contribution per active participant$2,006
Average account balance$164,856
Benefits paid to participants$5,737,489
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$87.4M · 530 accts · $696K emplr
2023$75.0M · 559 accts · $776K emplr
2022$65.1M · 547 accts · $558K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,129
Investment management$15,609
Audit (IQPA)$9,494
Total administrative$186,232
The Hmc Group 401(k) match · 2024
Employer contribution per active participant$2,006
Median for plans this size$3,635
2024$2,006 per active participant
2023$2,156 per active participant
2022$1,766 per active participant

Hmc Group's 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$161,128
NFP RETIREMENT INC. · Investment advisory (plan)$15,609
COHNREZNICK LLP · Accounting / audit$9,487

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

Administrative cost history3
2024$186,232 · 0.23%
2023$145,174 · 0.21%
2022$153,033 · 0.21%
Same employer
Similar plansProfessional & Technical Services · California
Geologic Associates CA$88.1M · 0.05%
Bridgebio Services, Inc. CA$88.0M · 0.04%
Pagerduty, Inc. CA$87.6M · 0.04%
Cast & Crew LLC CA$87.6M · 0.02%
Sentinelone, Inc CA$87.0M · 0.03%
ES3 CA$86.8M · 0.01%
Mangan, Inc. CA$85.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952109939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.