Plan Ledger DOL Form 5500 · updated monthly

Hubbard Broadcasting, Inc.401(k)

HBI 401(K) RETIREMENT SAVINGS PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Hubbard Broadcasting, Inc. reported $52,713 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,258 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 fell from 0.02% to 0.01%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 101st-largest of 1,918 plans among Minnesota employers on file, and the 119th of 2,199 in information & media. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$383,886,491
Participants with balances2,441
Active participants1,712
Employer contributions$5,577,372
Employee contributions$12,641,648
Employer contribution per active participant$3,258
Average account balance$157,266
Benefits paid to participants$30,812,554
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$383.9M · 2,441 accts · $5.6M emplr
2023$334.4M · 2,531 accts · $5.5M emplr
2022$286.8M · 2,526 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Investment management$90,284
Total administrative$52,713
The Hubbard Broadcasting, Inc. 401(k) match · 2024
Employer contribution per active participant$3,258
Median for plans this size$4,294
2024$3,258 per active participant
2023$3,050 per active participant
2022$2,719 per active participant

Hubbard Broadcasting, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$90,284
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$52,713 · 0.01%
2023$60,205 · 0.02%
2022$51,198 · 0.02%
Same employer
Similar plansInformation & Media · Minnesota
Dycom Industries, Inc. FL$402.4M · 0.16%
A&E Television Networks, LLC NY$399.2M · 0.01%
Nbcuniversal, LLC NY$397.5M · 0.09%
Yelp Inc. CA$364.2M · 0.12%
Roku, Inc. CA$363.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411427680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.