Retirement plan

H.B. FULLER COMPANY 401(K) & RETIREMENT PLAN

Name: H.B. FULLER COMPANY - H.B. FULLER COMPANY 401(K) & RETIREMENT PLAN (2025) Form 5500
Creator: H.B. FULLER COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, H.B. FULLER COMPANY 401(K) & RETIREMENT PLAN, H.B. FULLER COMPANY

H.B. FULLER COMPANYEIN 41-0268370Plan #003PY 2025

PO BOX 64683 - ST PAUL, MN 55164651-236-5058hbfuller.comLinkedIn5001-10000 employeeschemicals

Other plans on this EIN

1 filing

#001Retirement-$365.0M assets

Prospect flagsHigh feesCorrective distributions

Top hat statement on fileNQDC

Filed December 29, 2021 (most recent of 4 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

P.O. Box 64683

St. Paul, MN 55164

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

H.B. Fuller Company Change in Control Plan27 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$562.1M

+6.2% from 2024

Total participants

3,440

-8.2% from 2024

Average account balance

$164,879

+15.8% from 2024

Annual return

14.51%

+0.58 pp from 2024

Benchmarks

See 127 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort127 peers

Snapshot2025

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$562.07M

Not enough data

1 years with asset history on file

Average account balance

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

$165K

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.

3,409

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+14.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$314

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$621,937
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Advisory (Participants)	$214,194
AON CONSULTING5 years Filed as: AON INVESTMENTS USA INC Service code 29 39584 TREASURY CENTER · CHICAGO, IL 606949500	Legal	$80,000
BDO USA, LLP1 year Filed as: BDO USA, P.C. Service code 29 5300 PATTERSON AVE SE · GRAND RAPIDS, MI 49512	Legal	$79,300
STEVEN DOUGLAS ASSOCIATES LLC7 years Service code 10 1301 INTERNATIONAL PKWY STE 510 · SUNRISE, FL 33323	Accounting	$61,253
FAEGRE DRINKER BIDDLE & REATH LLP6 years Service code 10 2200 WELLS FARGO CENTER · MINNEAPOLIS, MN 554023901	Accounting	$10,521

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$418 / participant

Recordkeeping$622K58.1%
Investment mgmt$373K34.9%
Legal$72K6.7%
Other / not subdivided$2K0.2%

% of EOY assets

0.190%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BDO USA, P.C.
Auditor EIN: 135381590
Audit fees: $0
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$164,879

$123,077+34.0%

$116,228+41.9%

$102,872+60.3%

Participation rate

98.8%

87.0%+11.8pp

74.6%+24.2pp

73.0%+25.8pp

Annual return

14.51%

15.84%-1.3pp

90.06%-75.6pp

19.06%-4.5pp

Employer contribution / active EE

$6,082

$4,380+38.9%

$2,994+103.1%

$3,526+72.5%

Participant deferral / active EE

$9,296

$6,746+37.8%

$4,953+87.7%

$5,535+68.0%

Admin fee / account holder

$314

$115+171.9%

$11,989-97.4%

$292+7.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 15

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$621,937

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 26

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Advisory (Participants)

$214,194

AON CONSULTING5 years

Filed as: AON INVESTMENTS USA INC

Service code 29

39584 TREASURY CENTER · CHICAGO, IL 606949500

Legal

$80,000

BDO USA, LLP1 year

Filed as: BDO USA, P.C.

Service code 29

5300 PATTERSON AVE SE · GRAND RAPIDS, MI 49512

Legal

$79,300

STEVEN DOUGLAS ASSOCIATES LLC7 years

Service code 10

1301 INTERNATIONAL PKWY STE 510 · SUNRISE, FL 33323

Accounting

$61,253

FAEGRE DRINKER BIDDLE & REATH LLP6 years

Service code 10

2200 WELLS FARGO CENTER · MINNEAPOLIS, MN 554023901

Accounting

$10,521

H.B. FULLER COMPANY 401(K) & RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

H.B. FULLER COMPANY 401(K) & RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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