Plan Ledger DOL Form 5500 · updated monthly

Hsf Enterprises, Inc.401(k)

HSF ENTERPRISES, INC. 401K PROFIT SHARING PLAN AND TRUST · CHERRY HILL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Hsf Enterprises, Inc. reported $40,669 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $618 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 0.51% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Jersey (1,476th of 2,419), and the 2,530th of 5,215 in retail trade. In 2024, employees put in $7.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,576,479
Participants with balances137
Active participants198
Employer contributions$122,378
Employee contributions$971,089
Employer contribution per active participant$618
Average account balance$77,201
Benefits paid to participants$1,217,601
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 137 accts · $122K emplr
2023$9.5M · 147 accts · $122K emplr
2022$8.4M · 151 accts · $115K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,630
Investment management$2,039
Total administrative$40,669
The Hsf Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$618
Median for plans this size$2,416
2024$618 per active participant
2023$587 per active participant
2022$592 per active participant

Hsf Enterprises, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,650

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$40,669 · 0.41%
2023$51,355 · 0.58%
2022$45,685 · 0.51%
Same employer
Similar plansRetail Trade · New Jersey
Nuts.com, Inc. NJ$11.2M · 0.62%
Ashley Stewart, Inc. NJ$11.0M · 0.03%
Misfits Market NJ$10.8M · 1.88%
Mary-Lawrence Corp. NJ$10.3M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210728658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.