Department of Labor filing

HUPP ELECTRIC MOTORS, INC.

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

Public filing 2024 · received Aug 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

88filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$3,425

Reported employer contributions per active participant.

Higher than about 89% of comparable plans

#People in the filing

257

Active participants reported for 2024.

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

¢Visible plan-paid fees

$26 / participant

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

Lower cost than about 87% of comparable plans

↗Investment performance

Not available

Plan assets changed 15.2%, 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 · 202488out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions89th percentileTypical peer $1,487 · based on 210 comparable plans

Lower reported administrative expense87th percentileTypical peer $149 · based on 216 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, HUPP ELECTRIC MOTORS, INC. reported $880,221 in employer contributions across the plan and 257 active participants. That works out to $3,425 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 proxy86%

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 108.5%

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

Expense trendDown 91.4%

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

Peer context88/100

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: $880,221
Participant contributions: $1,475,622
Other contributions: $132,571
Employer share of reported contributions: 37.4%
Beginning assets: $21,728,028
Ending assets: $25,029,438
Ending net assets: $25,029,438
Ending liabilities: $0
Total income: $4,604,538
Total expenses: $1,303,128
Administrative expenses: $7,614
Participant loans: $789,728

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

$1,643

2023

$3,163

2024

$3,425

Plan-paid administrative expenses per participant

2022

$304

2023

$23

2024

$26

Active participants

2022

241

2023

248

2024

257

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,425	257	25M	20250815113548NAL0005858419001
2023	$3,163	248	21.7M	20240807141641NAL0003761921001
2022	$1,643	241	19M	20231002110557NAL0023001472001

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: 3.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 420654607-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Apr 1, 1988
Industry: Other services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3B3D

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20250815113548NAL0005858419001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗