Plan Ledger DOL Form 5500 · updated monthly

Hobi International, Inc.Profit-sharing plan

HOBI INTERNATIONAL INC. PROFIT SHARING PLAN · BATAVIA, IL · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Hobi International, Inc. reported $13,589 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,266 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 1.01% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (3,415th of 3,702), and 4,088th of 4,246 in wholesale trade. active participation has grown from 68 to 79 since 2022.

Plan summary
Net assets, end of year$1,558,469
Participants with balances117
Active participants79
Employer contributions$100,000
Employee contributions—
Employer contribution per active participant$1,266
Average account balance$13,320
Benefits paid to participants$26,965
Plan auditUnmodified (clean) audit opinion
AuditorDHJJ LTD
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 117 accts · $100K emplr
2023$1.4M · 116 accts
2022$1.4M · 113 accts
Administrative expenses, itemized · 2024
Investment management$13,589
Total administrative$13,589
Employer contributions to the Hobi International, Inc. plan · 2024
Employer contribution per active participant$1,266
Median for plans this size$1,313

Hobi International, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$13,589 · 0.91%
2023$13,491 · 0.95%
2022$14,524 · 1.01%
Same employer
Similar plansWholesale Trade · Illinois
Xcell International IL$2.7M · 0.68%
U's Again, LLC IL$1.7M · 1.04%
Midwest Goods, Inc. IL$1.5M · 0.35%
All American Recycling IL$1.5M · 0.92%
Sandra Holding LLC IL$1.4M · 0.39%
Unlimited Carrier, Inc. IL$1.3M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363850590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.