Plan Ledger DOL Form 5500 · updated monthly

Hubner Manufacturing Corp.401(k)

HUBNER MANUFACTURING CORP. 401(K) RETIREMENT SAVINGS PLAN · MOUNT PLEASANT, SC · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Hubner Manufacturing Corp. reported $9,384 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,248 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 rose from 0.12% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in South Carolina (582nd of 807), and 11,366th of 13,661 in manufacturing. In 2024, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,700,166
Participants with balances204
Active participants117
Employer contributions$146,060
Employee contributions$410,637
Employer contribution per active participant$1,248
Average account balance$23,040
Benefits paid to participants$421,280
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA, INC
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 204 accts · $146K emplr
2023$4.1M · 221 accts · $133K emplr
2022$4.4M · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,645
Investment management$1,739
Total administrative$9,384
The Hubner Manufacturing Corp. 401(k) match · 2024
Employer contribution per active participant$1,248
Median for plans this size$1,313
2024$1,248 per active participant
2023$528 per active participant

Hubner Manufacturing Corp.'s 2024 employer contribution ran below the $1,313 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
EMPOWER ADVISORY GROUP, LLC · Investment management$1,739

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$9,384 · 0.21%
2023$8,159 · 0.19%
2022$5,816 · 0.12%
Same employer
Similar plansManufacturing · South Carolina
Sp Orian, LLC SC$5.0M · 1.83%
Origin Point Brands LLC SC$4.9M · 0.02%
Komet USA, LLC SC$4.6M · 0.39%
Sun, Inc SC$4.3M · 0.14%
US Brick Holdings, LLC SC$4.2M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571028341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.