# The Hilb Group Operating Company, LLC 401(k) Plan
Source: https://planprovider.pro/companies/the-hilb-group-operating-company-llc-401k-plan

> The Hilb Group Operating Company, LLC's 401(k) plan: 2,273 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Hilb Group Operating Company, LLC

- **Sponsor EIN:** 471098088

- **Sponsor Address:** 6802 PARAGON PLACE, RICHMOND, VA, 23230

- **Plan Type:** 401(k)

- **Total Participants:** 2,273

- **Total Assets:** $178.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|2,273|$178.6M|$7.3M|$18.8M|

| 2023|2,147|$141.9M|$6.5M|$16.6M|

| 2022|2,006|$101.6M|$5.2M|$13.3M|

## 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|

| SCHWAB RETIREMENT PLAN SERVICES,INC|NONE|$256,703|—|$256,703|

| SAGE ADVISORY GROUP|NONE|$97,171|—|$97,171|

| KEITER|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SCHWAB RETIREMENT PLAN SERVICES,INC](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [SAGE ADVISORY GROUP](https://planprovider.pro/provider/sageview-advisory-group) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $353,874

- **Estimated Expense Ratio:** 0.198% 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|$353,874|$117,417|—|—|—|

| 2023|$243,326|$66,133|—|—|—|

| 2022|$214,367|$46,786|—|—|—|

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