Plan Ledger DOL Form 5500 · updated monthly

Hornblower Group, Inc.401(k)

HORNBLOWER GROUP, INC.AND ALL AFFILIATES 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Hornblower Group, Inc. reported $114,074 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,394 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 0.13% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 985th-largest of 9,483 plans among California employers on file, and the 100th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 3,499 to 3,877 since 2022.

Plan summary
Net assets, end of year$101,847,435
Participants with balances4,349
Active participants3,877
Employer contributions$5,404,748
Employee contributions$10,518,124
Employer contribution per active participant$1,394
Average account balance$23,419
Benefits paid to participants$16,031,962
Plan auditUnmodified (clean) audit opinion
AuditorINSERO & CO. CPA'S LLP
Plan history3
Yearassets · accounts · employer contribution
2024$101.8M · 4,349 accts · $5.4M emplr
2023$89.2M · 4,603 accts · $6.2M emplr
2022$67.1M · 4,299 accts · $5.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,760
Total administrative$114,074
The Hornblower Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,394
Median for plans this size$3,635
2024$1,394 per active participant
2023$1,678 per active participant
2022$1,575 per active participant

Hornblower Group, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$78,760
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$35,314

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$114,074 · 0.12%
2023$122,155 · 0.16%
2022$85,008 · 0.13%
All plans at this employer2
HORNBLOWER GROUP, INC.AND ALL AFFILIATES 401(K) PLAN401(k)
HORNBLOWER GROUP CONTRACTED EMPLOYEES 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 943460564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.