Retirement plan

HUDDL3 GROUP 401K PLAN

Name: HUDDL3 GROUP - HUDDL3 GROUP 401K PLAN (2024) Form 5500
Creator: HUDDL3 GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HUDDL3 GROUP 401K PLAN, HUDDL3 GROUP

HUDDL3 GROUPEIN 85-2208820Plan #001PY 2024

1775 FLIGHT WAY, SUITE 100 - TUSTIN, CA 92782949-268-4017huddl3.groupLinkedIn201-500 employeeshuman resources

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$35.9M

+4.7% from 2023

Total participants

1,120

-8.4% from 2023

Average account balance

$62,798

+8.7% from 2023

Annual return

17.10%

-2.26 pp from 2023

Benchmarks

See 387 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort387 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.86M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

571

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.

47.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$222

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 3 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER3+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$85,356
GLOBAL RETIREMENT PARTNERS LLC2 years Filed as: GLOBAL RETIREMENT PARTNERS Service code 15 · EIN 47-1411118	Recordkeeping	$60,041
WERTZ & COMPANY3+ years Service code 15 · EIN 02-0639624	Recordkeeping	$11,573

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$127K

$121 / participant

Recordkeeping$75K59.1%
Investment mgmt$52K40.9%

% of EOY assets

0.354%

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: WERTZ AND COMPANY
Auditor EIN: 020639624
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,798

$44,898+39.9%

$85,187-26.3%

$199,960-68.6%

Participation rate

47.6%

45.7%+1.8pp

67.5%-20.0pp

72.0%-24.4pp

Annual return

17.10%

20.98%-3.9pp

66.67%-49.6pp

34.28%-17.2pp

Employer contribution / active EE

$1,367-100.0%

$2,732-100.0%

$3,036-100.0%

Participant deferral / active EE

$3,779

$2,670+41.5%

$4,525-16.5%

$5,087-25.7%

Admin fee / account holder

$222

$585-62.0%

$6,162-96.4%

$269-17.4%

Provider

Service type

Compensation

ADP BROKER-DEALER3+ years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$85,356

GLOBAL RETIREMENT PARTNERS LLC2 years

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 15 · EIN 47-1411118

Recordkeeping

$60,041

WERTZ & COMPANY3+ years

Service code 15 · EIN 02-0639624

Recordkeeping

$11,573

HUDDL3 GROUP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HUDDL3 GROUP 401K 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