Plan Ledger DOL Form 5500 · updated monthly

Hub, Inc.401(k)

HUB, INC. 401(K) EMPLOYEE RETIREMENT PLAN · GALENA, KS · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Hub, Inc. reported $33,278 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $2,798 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 wholesale trade employers. By assets it is among the smaller plans on file in Kansas (582nd of 828), and 3,366th of 4,246 in wholesale trade. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,992,406
Participants with balances256
Active participants94
Employer contributions$263,035
Employee contributions$381,602
Employer contribution per active participant$2,798
Average account balance$27,314
Benefits paid to participants$669,480
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,278
Total administrative$33,278
The Hub, Inc. 401(k) match · 2024
Employer contribution per active participant$2,798
Median for plans this size$1,313

Hub, Inc.'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 · 20241
ONEDIGITAL INVESTMENT ADVISORSindirect comp

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$33,278 · 0.51%
Similar plansWholesale Trade · Kansas
Hantover, Inc. KS$9.3M · 0.58%
Lone Star Management, LLC KS$8.1M · 0.80%
Lang Diesel, Inc, KS$8.1M · 0.46%
Redwood Trading, LLC KS$6.5M · 0.55%
Blish-Mize Co. KS$5.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431730084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.