Plan Ledger DOL Form 5500 · updated monthly

Hubergroup USA, Inc.401(k)

HUBERGROUP USA, INC. 401(K) THRIFT PLAN · ROLLING MEADOWS, IL · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Hubergroup USA, Inc. reported $71,551 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,978 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 3 years on file its reported administrative ratio has held roughly steady near 0.530%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,057th of 3,702), and 7,348th of 13,661 in manufacturing. In 2024, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,117,581
Participants with balances143
Active participants181
Employer contributions$358,074
Employee contributions$846,008
Employer contribution per active participant$1,978
Average account balance$98,724
Benefits paid to participants$1,372,109
Plan auditUnmodified (clean) audit opinion
AuditorSMITH-HOWARD PC
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 143 accts · $358K emplr
2023$12.9M · 138 accts · $339K emplr
2022$13.1M · 138 accts · $328K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,925
Investment management$68,626
Total administrative$71,551
The Hubergroup USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,978
Median for plans this size$2,416
2024$1,978 per active participant
2023$1,872 per active participant
2022$1,813 per active participant

Hubergroup USA, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$50,595
OSAIC WEALTH INC · Investment advisory (plan)$10,863
LPL FINANCIAL · Investment advisory (plan)$7,168

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$71,551 · 0.53%
2023$47,661 · 0.37%
2022$73,287 · 0.53%
Same employer
Similar plansManufacturing · Illinois
Enercon Engineering, Inc. IL$14.5M · 0.10%
Thunderbird, LLC IL$14.4M · 0.68%
E80 Group Inc IL$14.4M · 0.03%
Rensa Filtration, Inc. IL$14.2M · 0.71%
Nevco Sports, LLC IL$14.1M · 0.04%
Lewa, Inc. IL$14.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364345757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.