Retirement plan

HAGAN BUSINESS MACHINES, INC. EMPLOYEES' 401(K) PLAN

Name: HAGAN BUSINESS MACHINES, INC. - HAGAN BUSINESS MACHINES, INC. EMPLOYEES' 401(K) PLAN (2025) Form 5500
Creator: HAGAN BUSINESS MACHINES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAGAN BUSINESS MACHINES, INC. EMPLOYEES' 401(K) PLAN, HAGAN BUSINESS MACHINES, INC.

HAGAN BUSINESS MACHINES, INC.EIN 25-1185071Plan #001PY 2025

1112 PEACH STREET - ERIE, WA 16501814-456-7521haganerie.comLinkedIn1-10 employeesbusiness supplies and equipment

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$7.7M

-1.3% from 2024

Total participants

+8.7% from 2024

Average account balance

$348,616

+3.2% from 2024

Annual return

11.71%

-2.09 pp from 2024

Benchmarks

See 3,775 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort3,775 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$7.67M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$349K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.71%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$52725

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$50432 / participant

Other / not subdivided$1M100.0%

% of EOY assets

15.124%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$348,616

$126,113+176.4%

$116,096+200.3%

$155,188+124.6%

Participation rate

87.0%

75.1%+11.8pp

73.3%+13.6pp

80.8%+6.2pp

Annual return

11.71%

391.72%-380.0pp

326.25%-314.5pp

148.84%-137.1pp

Employer contribution / active EE

$2,665

$2,672-0.2%

$2,503+6.5%

$4,248-37.3%

Participant deferral / active EE

$3,873

$4,162-7.0%

$3,952-2.0%

$6,531-40.7%

Admin fee / account holder

$52,725

$8,045+555.4%

$7,704+584.4%

$14,480+264.1%

HAGAN BUSINESS MACHINES, INC. EMPLOYEES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAGAN BUSINESS MACHINES, INC. EMPLOYEES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion