Department of Labor filing

HBW PROPERTIES, INC. DBA HBW GROUP

HBW 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jul 24, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

26filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$2,129

Reported employer contributions per active participant.

Higher than about 22% of comparable plans

#People in the filing

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$257 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 37% of comparable plans

↗Investment performance

Not available

Plan assets changed 7.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202426out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions22nd percentileTypical peer $3,384 · based on 64 comparable plans

Lower reported administrative expense37th percentileTypical peer $186 · based on 65 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, HBW PROPERTIES, INC. DBA HBW GROUP reported $187,348 in employer contributions across the plan and 88 active participants. That works out to $2,129 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy70%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 16.7%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 4.4%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context26/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $187,348
Participant contributions: $811,706
Other contributions: $712,405
Employer share of reported contributions: 18.8%
Beginning assets: $11,381,914
Ending assets: $12,228,551
Ending net assets: $12,228,551
Ending liabilities: $0
Total income: $3,094,048
Total expenses: $2,247,411
Administrative expenses: $34,925
Participant loans: $47,956

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,825

2023

$2,058

2024

$2,129

Plan-paid administrative expenses per participant

2022

$269

2023

$252

2024

$257

Active participants

2022

2023

2024

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,129	88	12.2M	20250724095622NAL0006769456001
2023	$2,058	87	11.4M	20240729081242NAL0019116161001
2022	$1,825	97	9.9M	20230728070445NAL0013505569001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.4%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 520891428-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1991
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Current plan terms

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Filing ACK_ID20250724095622NAL0006769456001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗