Plan Ledger DOL Form 5500 · updated monthly

Honeybee Robotics LLCDC plan

401K SAVINGS PLAN OF HONEYBEE ROBOTICS LLC · LONGMONT, CO · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Honeybee Robotics LLC reported $20,090 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,766 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 1 year on file its reported administrative ratio rose from 0.06% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 440th-largest of 1,461 plans among Colorado employers on file, and the 5,249th of 13,661 in manufacturing. In 2023, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,085,906
Participants with balances426
Active participants387
Employer contributions$1,844,521
Employee contributions$3,526,517
Employer contribution per active participant$4,766
Average account balance$56,540
Benefits paid to participants$706,858
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $2.0M emplr
2023$24.1M · 426 accts · $1.8M emplr
2022$15.1M · 352 accts · $946K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,790
Total administrative$20,090
Employer contributions to the Honeybee Robotics LLC plan · 2023
Employer contribution per active participant$4,766
Median for plans this size$2,440
2023$4,766 per active participant
2022$2,671 per active participant

Honeybee Robotics LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
T ROWE PRICE RPS INC · Recordkeeping · Trustee$19,790

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$20,090 · 0.10%
2022$8,787 · 0.06%
Same employer
Similar plansManufacturing · Colorado
Circle Graphics Inc. CO$25.7M · 0.89%
Dpix, LLC CO$25.7M · 0.25%
Wright & McGill Company CO$24.1M · 0.42%
Quantinuum LLC CO$21.9M · 0.33%
Boa Technology Inc. CO$21.2M · 0.03%
Odell Brewing Company CO$20.7M · 0.36%
In-Situ Inc CO$20.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874172809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.