Plan Ledger DOL Form 5500 · updated monthly

Hutchinson & Bloodgood, LLP401(k)

HUTCHINSON & BLOODGOOD LLP 401(K) PROFIT SHARING PLAN · GLENDALE, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Hutchinson & Bloodgood, LLP reported $27,318 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,133 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 0.01% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,488th-largest of 9,483 plans among California employers on file, and the 2,292nd of 11,654 in professional & technical services. In 2024, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,083,484
Participants with balances283
Active participants176
Employer contributions$1,431,377
Employee contributions$1,645,631
Employer contribution per active participant$8,133
Average account balance$219,376
Benefits paid to participants$6,248,320
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.1M · 283 accts · $1.4M emplr
2023$57.8M · 283 accts · $1.4M emplr
2022$46.1M · 302 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,318
Total administrative$27,318
The Hutchinson & Bloodgood, LLP 401(k) match · 2024
Employer contribution per active participant$8,133
Median for plans this size$3,635
2024$8,133 per active participant
2023$7,433 per active participant
2022$6,988 per active participant

Hutchinson & Bloodgood, LLP's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PINNACLE PLAN DESIGN, LLC · Contract administrator$25,846
CAPITAL GROUP RETIREMENT PLAN SERVI$2,098

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$27,318 · 0.05%
2023$70,569 · 0.14%
2022$5,877 · 0.01%
Same employer
Similar plansProfessional & Technical Services · California
Sangamo Therapeutics, Inc. CA$62.5M · 0.09%
Ibi Group CA$62.2M · 0.27%
Motive Technologies Inc. CA$62.2M · 0.61%
Nextdoor, Inc. CA$62.1M · 0.05%
Seiler LLP CA$61.8M · 0.25%
Malwarebytes Inc. CA$61.7M · 0.20%
Accela, Inc. CA$61.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 950858589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.