Plan Ledger DOL Form 5500 · updated monthly

Hub Labels, Inc.401(k)

HUB LABELS, INC. 401K PROFIT SHARING PLAN · HAGERSTOWN, MD · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Hub Labels, Inc. reported $8,162 in plan administrative expenses for 2022: 0.28% of average plan assets, below the peer median. Employer contributions averaged $742 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 manufacturing employers. By assets it is among the smaller plans on file in Maryland (1,425th of 1,671), and 12,210th of 13,661 in manufacturing. In 2022, employees put in $3.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,115,119
Participants with balances90
Active participants82
Employer contributions$60,848
Employee contributions$239,019
Employer contribution per active participant$742
Average account balance$34,612
Benefits paid to participants$297,470
Plan auditUnmodified (clean) audit opinion
AuditorSMITH ELLIOTT KEARNS & CO. LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,162
Total administrative$8,162
The Hub Labels, Inc. 401(k) match · 2022
Employer contribution per active participant$742
Median for plans this size$1,114

Hub Labels, Inc.'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 history1
2022$8,162 · 0.28%
Similar plansManufacturing · Maryland
Cp Direct, Inc. MD$3.7M · 0.02%
Tec Services, LLC MD$3.7M · 0.14%
Niche Polymer LLC MD$3.3M · 0.21%
Maryland Paper Company LP MD$3.0M · 0.59%
Tidewater Direct, LLC MD$2.9M · 0.20%
Bakery de France, Inc. MD$2.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521115701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.