Plan Ledger DOL Form 5500 · updated monthly

Hsg, LLC D/B/A Herndon Solutions Group401(k)

HSG, LLC 401(K) PROFIT SHARING PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Hsg, LLC D/B/A Herndon Solutions Group reported $51,949 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,323 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 rose from 0.36% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 158th-largest of 437 plans among Nevada employers on file, and the 4,645th of 11,911 in health care & social assistance. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 174 to 213 since 2022.

Plan summary
Net assets, end of year$14,170,076
Participants with balances203
Active participants213
Employer contributions$494,849
Employee contributions$1,187,029
Employer contribution per active participant$2,323
Average account balance$69,803
Benefits paid to participants$2,416,030
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 203 accts · $495K emplr
2023$13.1M · 174 accts · $401K emplr
2022$11.7M · 170 accts · $338K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,949
Total administrative$51,949
The Hsg, LLC D/B/A Herndon Solutions Group 401(k) match · 2024
Employer contribution per active participant$2,323
Median for plans this size$2,416
2024$2,323 per active participant
2023$2,372 per active participant
2022$1,944 per active participant

Hsg, LLC D/B/A Herndon Solutions Group's 2024 employer contribution ran below the $2,416 median for plans its size. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$48,499
ORENDA RETIREMENT LLC · Contract administrator$3,450
ROYAL ALLIANCE ASSOCIATES, INC. · Investment advisory (plan)indirect comp

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$51,949 · 0.38%
2023$50,863 · 0.41%
2022$46,230 · 0.36%
Same employer
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Med-Smart, Inc. NV$13.3M · 0.64%
Opportunity Village NV$13.2M · 0.05%
Unlv Medicine NV$11.5M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262285035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.