Plan Ledger DOL Form 5500 · updated monthly

Hollins Management Group, Inc.401(k)

HOLLINS MANAGEMENT GROUP, INC.401(K) PLAN · UPLAND, CA · plan year 2024

Reported admin expense ratio · 2024
2.55%

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

Hollins Management Group, Inc. reported $203,112 in plan administrative expenses for 2024: 2.55% of average plan assets, higher than ~90% of peers. Employer contributions averaged $87 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 2.11% to 2.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,709th of 9,483), and 8,298th of 11,654 in professional & technical services. In 2024, employees put in $5.57 for every $1.00 the employer contributed; active participation has grown from 1,948 to 4,891 since 2022.

Plan summary
Net assets, end of year$9,087,584
Participants with balances1,803
Active participants4,891
Employer contributions$424,902
Employee contributions$2,368,310
Employer contribution per active participant$87
Average account balance$5,040
Benefits paid to participants$1,454,752
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 1,803 accts · $425K emplr
2023$6.9M · 1,563 accts
2022$4.7M · 1,139 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$173,010
Investment management$15,051
Total administrative$203,112
The Hollins Management Group, Inc. 401(k) match · 2024
Employer contribution per active participant$87
Median for plans this size$1,313

Hollins Management Group, Inc.'s 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$86,714
ORENDA RETIREMENT LLC · Contract administrator · Other services$86,224
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$30,102

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$203,112 · 2.55%
2023$142,802 · 2.47%
2022$87,688 · 2.11%
Same employer
Similar plansProfessional & Technical Services · California
Inner City Law Center CA$9.2M · 0.09%
Agreeya Solutions, Inc. CA$9.2M · 0.90%
Big Health, Inc. CA$9.2M · 0.30%
R Systems, Inc. CA$9.1M · 0.34%
Smartrecruiters, Inc. CA$9.1M · 0.28%
Ixsystems, Inc. CA$9.0M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205854881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.