The Hilb Group Operating Company, LLC 401(K) Plan — Form 5500 plan (The Hilb Group Operating Company, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Hilb Group Operating Company, LLC 401(K) Plan is a benefit plan reported by The Hilb Group Operating Company, LLC under EIN 47-1098088 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,213 participants and $141,942,858 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$141.9MPlan net assets, end of year$141,942,858
Participants2.2KCovered participants reported2,213
Assets / participant$64.1KComputed: assets ÷ participants$64,140 (computed)
Provider compensation$243.3K2 Schedule C provider row(s)$243,252
Plan sponsor
The Hilb Group Operating Company, LLC
EIN
47-1098088
Plan number
001
Plan type
2
Location
Richmond, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,213H, C20241015165501NAL0029179057014
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$141.9M total assets
Net assets$141.9MLiabilities
Money in vs. money out
Total income / additions$48.9M
Total expenses$8.5M
Benefits paid / distributions$8.2M
Contributions
Employer$6.5M
Participant$16.6M
Full reported line items

Net assets

Total assets (EOY)
$141,942,858
Net assets (EOY)
$141,942,858
Net assets (BOY)
$101,592,748

Income & contributions

Employer contributions
$6,522,222
Participant contributions
$16,644,698
Total contributions
$29,612,054
Total income / additions
$48,854,435

Expenses & distributions

Benefits paid
$8,225,169
Administrative expenses
$243,326
Total expenses
$8,504,325
Net increase / (decrease)
$40,350,110
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 28%Participant 72%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income17%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Schwab Retirement Plan Services,IncNONE$192,292not reported in the loaded dataset2023
Sageview Advisory Group LLCNONE$50,960not reported in the loaded dataset2023

Related Form 5500 pages