Plan Ledger DOL Form 5500 · updated monthly

Hnm Systems Inc.401(k)

HNM SYSTEMS 401(K) PLAN · RANCHO SANTA FE, CA · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Hnm Systems Inc. reported $1,375 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $507 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,720th of 9,483), and 2,142nd of 2,534 in administrative & support services. In 2022, employees put in $3.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,189,488
Participants with balances33
Active participants130
Employer contributions$65,884
Employee contributions$219,813
Employer contribution per active participant$507
Average account balance$36,045
Benefits paid to participants$126,030
Plan auditUnmodified (clean) audit opinion
AuditorLEVITZACKS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,375
Total administrative$1,375
The Hnm Systems Inc. 401(k) match · 2022
Employer contribution per active participant$507
Median for plans this size$1,114

Hnm Systems Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,375 · 0.11%
Similar plansAdministrative & Support Services · California
Hines Services Inc CA$1.2M · 1.27%
Clipboard Health CA$1.2M · 0.06%
Rocketpower Inc. CA$1.1M · 0.79%
Get Heal, Inc. CA$1.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275433946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.