Plan Ledger DOL Form 5500 · updated monthly

Hsk, LLC.401(k)

HSK, LLC. 401(K) PLAN · ST. LOUIS PARK, MN · plan year 2022

Reported admin expense ratio · 2022
1.57%

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

Hsk, LLC. reported $24,472 in plan administrative expenses for 2022: 1.57% of average plan assets, higher than ~90% of peers. Employer contributions averaged $773 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 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Minnesota (1,820th of 1,918), and 2,048th of 2,534 in administrative & support services. In 2022, employees put in $2.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,513,907
Participants with balances118
Active participants83
Employer contributions$64,193
Employee contributions$179,060
Employer contribution per active participant$773
Average account balance$12,830
Benefits paid to participants$34,236
Plan auditDisclaimer of opinion
AuditorBALLENTHIN, FUNK & JOHNSON, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$1.5M · 118 accts · $64K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,644
Investment management$5,828
Total administrative$24,472
The Hsk, LLC. 401(k) match · 2022
Employer contribution per active participant$773
Median for plans this size$1,114

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

Administrative cost history2
2023Not separately reported
2022$24,472 · 1.57%
Similar plansAdministrative & Support Services · Minnesota
Corp IV Holdings, Inc. MN$2.3M · 0.01%
Atlas Staffing Inc MN$1.7M · 0.04%
Strom Aviation, Inc. MN$1.2M · 0.20%
Selectstaff, Inc. MN$676K · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200505641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.