Plan Snapshot
- Plan Sponsor: Hbd Industries, INC.
- Sponsor EIN: 251555749
- Sponsor Address: 565 METRO PL S STE 250, DUBLIN, OH, 430175378
- Plan Type: 401(k)
- Total Participants: 769
- Total Assets: $66.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 769 | $66.1M | $698,144 | $2.4M |
| 2023 | 781 | $62.8M | $428,619 | $2.2M |
| 2022 | 817 | $59.9M | $345,365 | $2.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $135,270 | — | $135,270 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | — | $50,792 | $50,792 |
| SCHNEIDER DOWNS | ACCOUNTANT | $14,013 | — | $14,013 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
- SCHNEIDER DOWNS — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $200,075
- Estimated Expense Ratio: 0.303% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $149,668 | — | $135,655 | $14,013 | — |
| 2023 | $135,518 | — | $121,388 | $14,130 | — |
| 2022 | $141,678 | — | $141,678 | — | — |