Plan Ledger DOL Form 5500 · updated monthly

Hoffman/Lewis dba H&L Partners401(k)

H&L PARTNERS 401(K) PROFIT SHARING · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Hoffman/Lewis dba H&L Partners reported $61,560 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $881 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 0.19% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,383rd-largest of 9,483 plans among California employers on file, and the 5,178th of 11,654 in professional & technical services. In 2024, employees put in $9.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,133,435
Participants with balances205
Active participants165
Employer contributions$145,417
Employee contributions$1,401,601
Employer contribution per active participant$881
Average account balance$107,968
Benefits paid to participants$647,044
Plan auditUnmodified (clean) audit opinion
AuditorBORLAND BENEFIELD, PC
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 205 accts · $145K emplr
2023$18.0M · 194 accts · $131K emplr
2022$14.0M · 187 accts · $125K emplr
Administrative expenses, itemized · 2024
Investment management$68,381
Total administrative$61,560
The Hoffman/Lewis dba H&L Partners 401(k) match · 2024
Employer contribution per active participant$881
Median for plans this size$2,416
2024$881 per active participant
2023$777 per active participant
2022$738 per active participant

Hoffman/Lewis dba H&L Partners's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
AMERIPRISE FINANCIAL SERVICES INC · Investment advisory (plan)$38,381
BORLAND BENEFIELD, PC · Accounting / audit$30,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$61,560 · 0.31%
2023$21,655 · 0.14%
2022$29,723 · 0.19%
Same employer
Similar plansProfessional & Technical Services · California
Intellisurvey, Inc. CA$22.5M · 0.01%
3 Degrees Group, Inc. CA$22.3M · 0.03%
Ausgar Technologies, Inc. CA$22.0M · 0.27%
Eset LLC CA$22.0M · 0.17%
Sensor Tower, Inc. CA$22.0M · 0.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 942979171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.