Plan Ledger DOL Form 5500 · updated monthly

Hpm Corporation401(k)

HPM CORPORATION 401(K) PLAN · RICHLAND, WA · plan year 2022

Reported admin expense ratio · 2022
0.77%

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

Hpm Corporation reported $55,324 in plan administrative expenses for 2022: 0.77% of average plan assets, above the peer median. Employer contributions averaged $3,034 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 0.77% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,282nd of 1,714), and 9,362nd of 11,654 in professional & technical services. In 2022, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,098,850
Participants with balances102
Active participants72
Employer contributions$218,426
Employee contributions$485,491
Employer contribution per active participant$3,034
Average account balance$59,793
Benefits paid to participants$1,416,995
Plan auditUnmodified (clean) audit opinion
AuditorNORTHWEST CPA GROUP, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$4.9M · 90 accts · $192K emplr
2022$6.1M · 102 accts · $218K emplr
Administrative expenses, itemized · 2022
Investment management$40,036
Total administrative$55,324
The Hpm Corporation 401(k) match · 2022
Employer contribution per active participant$3,034
Median for plans this size$1,114
2023$38,366 per active participant
2022$3,034 per active participant

Hpm Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$47,138 · 0.86%
2022$55,324 · 0.77%
Similar plansProfessional & Technical Services · Washington
Seven Two, Inc. WA$6.5M · 0.57%
Wellhaven Pet Health, LLC WA$6.3M · 0.09%
M.Torres America, Inc. WA$6.2M · 0.46%
Blink Interactive, Inc WA$6.1M · 0.01%
Tasso Inc. WA$5.8M · 0.71%
Tradewind Services LLC WA$5.7M · 0.03%
Id Metrics Group, Inc. WA$5.6M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 912131802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.