Plan Ledger DOL Form 5500 · updated monthly

Hmh Engineers401(k)

HMH 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Hmh Engineers reported $72,527 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,047 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 0.00% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,832nd-largest of 9,483 plans among California employers on file, and the 1,604th of 5,337 in construction. In 2024, employees put in $2.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,035,584
Participants with balances103
Active participants88
Employer contributions$356,179
Employee contributions$944,793
Employer contribution per active participant$4,047
Average account balance$272,190
Benefits paid to participants$3,086,771
Plan auditUnmodified (clean) audit opinion
AuditorARMANIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 103 accts · $356K emplr
2023$26.4M · 102 accts · $347K emplr
2022$19.6M · 110 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,573
Investment management$4,691
Audit (IQPA)$19,635
Total administrative$72,527
The Hmh Engineers 401(k) match · 2024
Employer contribution per active participant$4,047
Median for plans this size$2,416
2024$4,047 per active participant
2023$4,181 per active participant
2022$4,040 per active participant

Hmh Engineers's 2024 employer contribution ran above the $2,416 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 · 20244
FIRST BANK$32,628
ARMANINO LLP · Accounting / audit$19,635
EMPOWER ADVISORY GROUP, LLC · Investment management$4,691

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$72,527 · 0.27%
2023$67,868 · 0.29%
2022$840 · 0.00%
Similar plansConstruction · California
Largo Concrete, Inc. CA$29.2M · 0.45%
Dryco Construction, Inc. CA$28.3M · 0.39%
Novo Construction, Inc. CA$28.1M · 0.06%
Bayview Services, Inc. CA$28.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942320927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.