What are the fees in the Hss, LLC 401(k) plan?

For plan year 2022, Hss, LLC reported $10,650 in plan administrative expenses, or 0.90% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Hss, LLC 401(k)?

The average participant account balance was $32,644 for plan year 2022, based on 32 accounts.

Hss, LLC401(k)

Name: Hss, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

VALUEPOINT MATERIAL SOLUTIONS SAVINGS PLAN · SAGINAW, MI · plan year 2022

Reported admin expense ratio · 2022

0.90%

Hss, LLC reported $10,650 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. 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 transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (2,478th of 2,619), and 2,300th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$1,044,595
Participants with balances32
Active participants135
Employer contributions—
Employee contributions$73,053
Employer contribution per active participant—
Average account balance$32,644
Benefits paid to participants$84,442
Plan auditUnmodified (clean) audit opinion
AuditorRETIREMENT PLAN AUDIT SERVICES, LLC

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$4,578

Investment management$5,040

Professional / advisory$1,032

Total administrative$10,650

What these fees cost you

Your balance

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 history1

2022$10,650 · 0.90%

Similar plansTransportation & Warehousing · Michigan
M.C. van Kampen Trucking, Inc. MI$1.8M · 0.14%
Koleaseco, Inc. MI$1.7M · 0.85%
Four Star Transportation Co. MI$1.7M · 1.69%
Michigan Produce Haulers, Inc. MI$1.5M · 0.10%
Pioneer Logistics, LLC MI$650K · 0.47%
Equity Transportation, Inc. MI$627K · 0.60%
Federated Logistics MI$566K · 0.17%
Ael-Span, LLC MI$552K · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383461024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.