Retirement plan

HOPPER 401(K) PLAN

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

HOPPER (USA), INC.EIN 99-0368301Plan #001PY 2024

265 FRANKLIN STREET, SUITE 1702 - BOSTON, MA 02110514-276-0760

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.6M

+21.8% from 2023

Total participants

425

-11.8% from 2023

Average account balance

$43,232

+37.7% from 2023

Annual return

17.35%

-16.49 pp from 2023

Benchmarks

See 1,419 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,419 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.55M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

406

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.

92.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+17.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$155

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
TRANSAMERICA RETIREMENT SOLUTIONS1 year Service code 15 · EIN 13-3689044	Recordkeeping	$53,165
USI CONSULTING GROUP1 year Filed as: USI SECURITIES, INC. Service code 22 · EIN 06-1493970	Insurance Broker	$31,047
COMPASS 360, LLC1 year Service code 15 · EIN 81-1939215 118 PORTSMOUTH AVENUE · STRATHAM, NH 03885	Recordkeeping	$4,575
MESIROW FINANCIAL INVESTMENT MANAGE1 year Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849	Advisory (Plan)	$2,767
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA TRUST COMPANY Service code 21 · EIN 42-0947998	Bank Trustee	$167

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$63K

$261 / participant

Contract admin$63K100.0%

% of EOY assets

0.359%

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: ALEXANDER & WILLIAMS
Auditor EIN: 843798055
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,232

$45,119-4.2%

$85,126-49.2%

$74,429-41.9%

Participation rate

92.1%

49.4%+42.8pp

67.5%+24.6pp

67.2%+24.9pp

Annual return

17.35%

26.28%-8.9pp

66.63%-49.3pp

1368.38%-1351.0pp

Employer contribution / active EE

$1,460-100.0%

$2,731-100.0%

$2,625-100.0%

Participant deferral / active EE

$15,517

$2,738+466.8%

$4,523+243.1%

$4,348+256.9%

Admin fee / account holder

$155

$2,214-93.0%

$6,160-97.5%

$1,944-92.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Service code 15 · EIN 13-3689044

Recordkeeping

$53,165

USI CONSULTING GROUP1 year

Filed as: USI SECURITIES, INC.

Service code 22 · EIN 06-1493970

Insurance Broker

$31,047

COMPASS 360, LLC1 year

Service code 15 · EIN 81-1939215

118 PORTSMOUTH AVENUE · STRATHAM, NH 03885

Recordkeeping

$4,575

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Filed as: MESIROW FINANCIAL, INC.

Service code 27 · EIN 36-3194849

Advisory (Plan)

$2,767

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA TRUST COMPANY

Service code 21 · EIN 42-0947998

Bank Trustee

$167

HOPPER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOPPER 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