What are the fees in the Hnn Management, Inc. dba Hnn Communities 401(k) plan?

For plan year 2022, Hnn Management, Inc. dba Hnn Communities reported $3,533 in plan administrative expenses, or 0.09% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the Hnn Management, Inc. dba Hnn Communities 401(k) match?

In 2022, employer contributions to the Hnn Management, Inc. dba Hnn Communities plan averaged $1,343 per active participant, above the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Hnn Management, Inc. dba Hnn Communities 401(k)?

The average participant account balance was $22,356 for plan year 2022, based on 176 accounts.

Hnn Management, Inc. dba Hnn Communities401(k)

Name: Hnn Management, Inc. dba Hnn Communities 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

HNN COMMUNITIES RETIREMENT PLAN · BELLEVUE, WA · plan year 2022

Reported admin expense ratio · 2022

0.09%

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

Hnn Management, Inc. dba Hnn Communities reported $3,533 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,343 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 construction employers. By assets it is among the smaller plans on file in Washington (1,427th of 1,714), and 4,257th of 5,337 in construction. In 2022, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,934,681
Participants with balances176
Active participants288
Employer contributions$386,676
Employee contributions$649,788
Employer contribution per active participant$1,343
Average account balance$22,356
Benefits paid to participants$493,415
Plan auditUnmodified (clean) audit opinion
AuditorSMITH BUNDAY BERMAN BRITTON, P.S.

Administrative expenses, itemized · 2022

Professional / advisory$3,533

Total administrative$3,533

The Hnn Management, Inc. dba Hnn Communities 401(k) match · 2022

Employer contribution per active participant$1,343

Median for plans this size$1,114

Hnn Management, Inc. dba Hnn Communities's 2022 employer contribution ran above the $1,114 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

Your balance

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$3,533 · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203981398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.