Plan Ledger DOL Form 5500 · updated monthly

Hs Government Partners, LLC401(k)

MAYROAD 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Hs Government Partners, LLC reported $48,762 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $2,951 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in North Carolina (1,275th of 2,005), and 1,300th of 2,096 in real estate & leasing. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,398,278
Participants with balances136
Active participants121
Employer contributions$357,072
Employee contributions$734,057
Employer contribution per active participant$2,951
Average account balance$54,399
Benefits paid to participants$767,434
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,553
Investment management$22,209
Total administrative$48,762
The Hs Government Partners, LLC 401(k) match · 2024
Employer contribution per active participant$2,951
Median for plans this size$1,313

Hs Government Partners, LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$26,553
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$16,177
WELLTH ADVISORY SERVICES, LLC · Investment advisory (plan)$6,032

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

Administrative cost history1
2024$48,762 · 0.71%
Same employer
Similar plansReal Estate & Leasing · North Carolina
Southwood Realty Company NC$9.0M · 0.98%
Tribute Companies, Inc. NC$8.0M · 0.13%
Ce Rental, Inc. NC$4.6M · 0.82%
York Properties, Inc. NC$4.4M · 0.41%
New Forum, Inc. NC$3.7M · 1.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 872079131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.