Plan Ledger DOL Form 5500 · updated monthly

Hubbard-Hall, Inc.401(k)

HUBBARD-HALL, INC. 401(K) SAVINGS PLAN · WATERBURY, CT · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

Hubbard-Hall, Inc. reported $60,183 in plan administrative expenses for 2023: 0.23% of average plan assets, below the peer median. Employer contributions averaged $5,706 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 1 year on file its reported administrative ratio rose from 0.08% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 448th-largest of 1,106 plans among Connecticut employers on file, and the 4,714th of 13,661 in manufacturing. In 2023, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,171,120
Participants with balances148
Active participants112
Employer contributions$639,071
Employee contributions$1,071,023
Employer contribution per active participant$5,706
Average account balance$190,345
Benefits paid to participants$3,676,210
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$28.2M · 148 accts · $639K emplr
2022$23.1M · 143 accts · $588K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$60,183
Total administrative$60,183
The Hubbard-Hall, Inc. 401(k) match · 2023
Employer contribution per active participant$5,706
Median for plans this size$2,440
2023$5,706 per active participant
2022$5,299 per active participant

Hubbard-Hall, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
MERRILL LYNCH, PIERCE FENNER & SMIT · Investment advisory (plan)$21,720
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,957
PASI, LLC · Consulting · Other services$9,330
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,176

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$60,183 · 0.23%
2022$18,947 · 0.08%
Same employer
Similar plansManufacturing · Connecticut
Aba-Pgt, Inc. CT$31.2M · 0.01%
Shelterlogic Corp. CT$29.0M · 0.28%
Proton Energy Systems, Inc. CT$28.0M · 0.06%
Light Sources, Inc. CT$28.0M · 0.54%
The Pmt Group, Inc. CT$27.7M · 0.04%
Wiremold Company CT$27.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060881614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.