Plan Ledger DOL Form 5500 · updated monthly

The Hmc Group Marketing, Inc.401(k)

THE HMC GROUP MARKETING INC. 401(K) PLAN · KINGSBURG, CA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

The Hmc Group Marketing, Inc. reported $38,583 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $843 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 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 4,326th-largest of 9,483 plans among California employers on file, and the 316th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has shrunk from 442 to 396 since 2022.

Plan summary
Net assets, end of year$15,468,233
Participants with balances118
Active participants396
Employer contributions$334,000
Employee contributions$585,678
Employer contribution per active participant$843
Average account balance$131,087
Benefits paid to participants$1,217,313
Plan auditDisclaimer of opinion
AuditorCUTTONE & MASTO, CERTIFIED PUBLIC A
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 118 accts · $334K emplr
2023$14.0M · 117 accts · $308K emplr
2022$11.1M · 122 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,785
Investment management$36,798
Total administrative$38,583
The The Hmc Group Marketing, Inc. 401(k) match · 2024
Employer contribution per active participant$843
Median for plans this size$2,416
2024$843 per active participant
2023$708 per active participant
2022$648 per active participant

The Hmc Group Marketing, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
ASCENSUS LLC · Recordkeeping$1,785
LPL FINANCIAL · Investment advisory (plan)$36,798

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$38,583 · 0.26%
2023$31,269 · 0.25%
2022$30,099 · 0.25%
Similar plansAgriculture, Forestry & Fishing · California
Nichols Farms CA$16.8M · 0.43%
Merrill Farms, LLC CA$16.8M · 0.25%
Crimson Wine Group, LTD CA$16.3M · 0.47%
Culture Amp, Inc. CA$15.4M · 0.03%
Vino Farms, LLC CA$14.3M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770399094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.