Hbw 401(K) Plan — Form 5500 plan (Hbw Properties, Inc. Dba Hbw Group)

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, Hbw 401(K) Plan is a benefit plan reported by Hbw Properties, Inc. Dba Hbw Group under EIN 52-0891428 and plan number 001. The latest loaded filing year is 2023. The filing reports 140 participants and $11,381,914 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$11.4MPlan net assets, end of year$11,381,914
Participants140Covered participants reported
Assets / participant$81.3KComputed: assets ÷ participants$81,299 (computed)
Provider compensation$35.2K3 Schedule C provider row(s)$35,212
Plan sponsor
Hbw Properties, Inc. Dba Hbw Group
EIN
52-0891428
Plan number
001
Plan type
2
Location
Rockville, MD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023140H, C20240729081242NAL0019116161001
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)$11.4M total assets
Net assets$11.4MLiabilities$0
Money in vs. money out
Total income / additions$2.9M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$179.1K
Participant$754.3K
Full reported line items

Net assets

Total assets (EOY)
$11,381,914
Total liabilities (EOY)
$0
Net assets (EOY)
$11,381,914
Net assets (BOY)
$9,868,336

Income & contributions

Employer contributions
$179,084
Participant contributions
$754,287
Total contributions
$1,163,229
Total income / additions
$2,864,395

Expenses & distributions

Benefits paid
$1,315,605
Administrative expenses
$35,212
Total expenses
$1,350,817
Net increase / (decrease)
$1,513,578
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 19%Participant 81%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income46%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
AscensusRECORDKEEPER$14,295not reported in the loaded dataset2023
Qp ConsultingINVESTMENT ADVISOR$14,246not reported in the loaded dataset2023
Calibre Cpa Group PllcAUDITOR$6,671not reported in the loaded dataset2023

Related Form 5500 pages