Retirement plan

HPM CONTRACTING, INC. 401(K) PLAN

Name: HPM, INC. - HPM CONTRACTING, INC. 401(K) PLAN (2024) Form 5500
Creator: HPM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HPM CONTRACTING, INC. 401(K) PLAN, HPM, INC.

HPM, INC.EIN 35-2578435Plan #001PY 2024

9781 SOUTH MERIDIAN BLVD SUITE 120 - ENGLEWOOD, CO 80112720-575-9896hpmcontracting.comLinkedIn51-200 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6.7M

+16.5% from 2023

Total participants

177

-3.3% from 2023

Average account balance

$45,923

+18.1% from 2023

Annual return

17.44%

-6.03 pp from 2023

Benchmarks

See 3,446 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,446 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.70M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

146

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.

71.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$115

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Filed as: NATIONWIDE TRUST COMPANY Service code 64 · EIN 31-1592130 10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215	Recordkeeping Fees	$24,070
PROACCOUNT1 year Service code 26 · EIN 73-0988442 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215	Advisory (Participants)	$9,447
TPA SERVICES, INC.1 year Service code 15 · EIN 84-1571661	Recordkeeping	$3,980
IRON-CO-FID-COMPREHENSIVE1 year Filed as: IRON FIDUCIARY Service code 27 · EIN 99-9552241	Advisory (Plan)	$2,568
GENEOS WEALTH MANAGEMENT INC1 year Filed as: GENEOS WEALTH MANAGEMENT, INC. Service code 27 · EIN 02-0580939 9055 E MINERAL CIR STE 200 · CENTENNIAL, CO 80112	Advisory (Plan)	$0

Plan features & details

Pension benefit codes3D2E2J2K2F2G2R

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$17K

$156 / participant

Contract admin$17K100.0%

% of EOY assets

0.250%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RUBIN BROWN
Auditor EIN: 430765316
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,923

$80,748-43.1%

$102,383-55.1%

$74,429-38.3%

Participation rate

71.0%

65.7%+5.4pp

74.5%-3.5pp

67.2%+3.8pp

Annual return

17.44%

27.57%-10.1pp

24.94%-7.5pp

1368.38%-1350.9pp

Employer contribution / active EE

$3,875

$3,159+22.7%

$3,870+0.1%

$2,625+47.6%

Participant deferral / active EE

$7,199

$3,861+86.4%

$5,060+42.3%

$4,348+65.6%

Admin fee / account holder

$115

$2,371-95.2%

$8,391-98.6%

$1,944-94.1%

Provider

Service type

Compensation

NATIONWIDE1 year

Filed as: NATIONWIDE TRUST COMPANY

Service code 64 · EIN 31-1592130

10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215

Recordkeeping Fees

$24,070

PROACCOUNT1 year

Service code 26 · EIN 73-0988442

10 W NATIONWIDE BLVD · COLUMBUS, OH 43215

Advisory (Participants)

$9,447

TPA SERVICES, INC.1 year

Service code 15 · EIN 84-1571661

Recordkeeping

$3,980

IRON-CO-FID-COMPREHENSIVE1 year

Filed as: IRON FIDUCIARY

Service code 27 · EIN 99-9552241

Advisory (Plan)

$2,568

GENEOS WEALTH MANAGEMENT INC1 year

Filed as: GENEOS WEALTH MANAGEMENT, INC.

Service code 27 · EIN 02-0580939

9055 E MINERAL CIR STE 200 · CENTENNIAL, CO 80112

Advisory (Plan)

HPM CONTRACTING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HPM CONTRACTING, INC. 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