HM US Services, LLC 401(k) Review & Grade
The 401(k) Retirement Plan of Heidelberg Materials US
Irving, TXManufacturing4,886 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,985Employer $ per active participant
$6,353Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$798.5MNet plan assets, end of year
$116,480Average balance per account
Score breakdown
- Employer generosity38.7 / 5077th percentile for employer $ per participant
- Low cost14.5 / 2558th percentile for low admin cost vs. same-size plans
- Employee saving8.0 / 1553th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score51 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 77th |
| Lower admin cost | 58th |
| Employee saving | 53th |
| Peers that auto-enroll | 70% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($1,273,100 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $1,743 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- HM US Services put in about $5,985 per active participant, more than the typical peer ($3,452). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $29,243,891 |
| Participant (employee) contributions | $31,044,876 |
| Other contributions (incl. rollovers in) | $4,287,579 |
| Administrative expenses paid from the plan | $762,323 |
| Investment advisory & management fees | $382,919 |
| Other admin expenses | $600 |
| Benefits paid out | $105,816,485 |
| Net assets, start / end of year | $747.7M / $798.5M |
| Active participants, start / end of year | 4,902 / 4,871 |
| Participants with account balances | 6,855 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Whitley Penn LLP |
Largest service providers (Schedule C)
| Empower Advisory Group, LLC | $373,433 reported compensation |
| Empower Annuity Insurance Company | $344,094 reported compensation |
| Kong,joy | $34,710 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010132456NAL0004650931001, received 2025-10-10, EIN 81-4086708, plan #016, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.