Overview

Plan Rating

BrightScope Rating
74
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (57)
Average in Peer Group (77)
Highest in Peer Group (88)

Plan Description

HBK Engineering, LLC Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Participation Rate. HBK Engineering, LLC Retirement Plan currently has over 500 active participants and over $19.5M in plan assets.

Did you know?

For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (74) and the top rated plan (88) could equate to:
9
Additional years of work
8,921
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 921 West Van Buren Street Suite 100
  • Location
    Chicago , IL
  • 60607-3542
  • Industry
    Engineering Services
  • Administrator
    Ronald G. Kaminski
  • Net Plan Assets
    $19,500,000
  • Total Participants
    560
  • Avg Account Balance
    $35,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Great
Salary Deferrals:
Above Average
Account Balance:
Average

Design

Total Plan Cost:
High Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Great
Salary Deferrals:
Above Average
Account Balance:
Below Avg.

Peer Group Plans

Company Rating
Patrick Engineering 76.8
ICI Services 75.1
Levingston Group, LLC 69.8
Ardurra Group 68.3
KTA Tator 68.2
Goodwyn, Mills & Cawood 67.7

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

38

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Voya Financial (ING) Index Solutions 22%
N/A
American Funds New Perspective 10%
N/A
American Funds Growth Fund of America 10%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Voya Financial (ING)
Insurance Advisor/Broker
Ralph E. Varland
Investment Adviser
Voya Financial (ING)
Auditor
O'Neill & Gaspardo, LLC

Articles and Questions

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