Plan Ledger DOL Form 5500 · updated monthly

Hybe America Inc.401(k)

HYBE AMERICA INC. 401(K) PROFIT SHARING PLAN · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Hybe America Inc. reported $43,529 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $4,325 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 0.55% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (5,418th of 9,483), and the 1,000th of 2,534 in administrative & support services. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 192 to 222 since 2022.

Plan summary
Net assets, end of year$10,131,837
Participants with balances174
Active participants222
Employer contributions$960,182
Employee contributions$1,520,846
Employer contribution per active participant$4,325
Average account balance$58,229
Benefits paid to participants$1,308,046
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 174 accts · $960K emplr
2023$7.6M · 138 accts · $899K emplr
2022$4.7M · 141 accts · $800K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,837
Investment management$41,692
Total administrative$43,529
The Hybe America Inc. 401(k) match · 2024
Employer contribution per active participant$4,325
Median for plans this size$1,313
2024$4,325 per active participant
2023$4,258 per active participant
2022$4,167 per active participant

Hybe America Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$43,528

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,529 · 0.49%
2023$28,465 · 0.46%
2022$17,695 · 0.55%
Same employer
Similar plansAdministrative & Support Services · California
Curative Inc. CA$10.1M · 1.91%
Ryzen Solutions CA$10.0M · 0.51%
Pasona NA, Inc. CA$9.9M · 0.55%
Care.Stat!, Inc. CA$9.9M · 0.16%
Pridestaff, Inc. CA$9.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352649363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.