Retirement plan

HELLMAN & FRIEDMAN PROFIT SHARING & 401(K) SAVINGS PLAN

Name: HELLMAN & FRIEDMAN LLC - HELLMAN & FRIEDMAN PROFIT SHARING & 401(K) SAVINGS PLAN (2023) Form 5500
Creator: HELLMAN & FRIEDMAN LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HELLMAN & FRIEDMAN PROFIT SHARING & 401(K) SAVINGS PLAN, HELLMAN & FRIEDMAN LLC

HELLMAN & FRIEDMAN LLCEIN 38-3708132Plan #002PY 2023

415 MISSION STREET, SUITE 5700 - SAN FRANCISCO, CA 94105415-788-5111hf.comLinkedIn51-200 employeesfinancial services

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$83.2M

+24.6% from 2022

Total participants

240

+7.1% from 2022

Average account balance

$353,862

+15.6% from 2022

Annual return

20.30%

+36.66 pp from 2022

Benchmarks

See 2,152 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,152 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$101.78M

Not enough data

1 years with asset history on file

Average account balance

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

$422K

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.

241

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.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$43K

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

+17.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$137

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
CHARLES SCHWAB & CO., INC.9+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$22,789
THE BANK OF NEW YORK MELLON7 years Filed as: BNY MELLON NATIONAL ASSOC Service code 26 · EIN 25-0659306	Advisory (Participants)	$8,658
ABACUS WEALTH PARTNERS LLC1 year Service code 26 · EIN 65-1193184	Advisory (Participants)	$5,377
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO,INC. Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$463
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2G2J2R2S2T3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$37K

$241 / participant

Recordkeeping$22K59.0%
Investment mgmt$15K41.0%

% of EOY assets

0.044%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MOSS ADAMS
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$353,862

$130,294+171.6%

$170,028+108.1%

$71,495+394.9%

Participation rate

96.7%

86.2%+10.6pp

87.0%+9.7pp

67.9%+28.8pp

Annual return

20.30%

20.36%-0.1pp

53.39%-33.1pp

28.85%-8.6pp

Employer contribution / active EE

$23,149

$4,385+427.9%

$6,788+241.0%

$2,589+794.0%

Participant deferral / active EE

$16,922

$6,928+144.3%

$10,409+62.6%

$4,291+294.4%

Admin fee / account holder

$157

$966-83.8%

$12,820-98.8%

$1,588-90.1%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.9+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$22,789

THE BANK OF NEW YORK MELLON7 years

Filed as: BNY MELLON NATIONAL ASSOC

Service code 26 · EIN 25-0659306

Advisory (Participants)

$8,658

ABACUS WEALTH PARTNERS LLC1 year

Service code 26 · EIN 65-1193184

Advisory (Participants)

$5,377

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO,INC.

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$463

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL

Service code 59

Shareholder Servicing

HELLMAN & FRIEDMAN PROFIT SHARING & 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HELLMAN & FRIEDMAN PROFIT SHARING & 401(K) SAVINGS 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