Illinois › Retail trade › 250 to 499 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
The Hari Group 401(k) Plan
Sponsored by Hari Donuts Batavia Inc., Batavia, IL
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
The Hari Group 401(k) Plan is a 401(k) plan sponsored by Hari Donuts Batavia Inc. of Batavia, Illinois. For the plan year ending 31 Dec 2024 it reported 391 participants, 315 of them active, and net assets of $120K.
Net assets came to $306 per participant, well below the $48,746 median for defined contribution plans with 250 to 499 participants and well below the $36,708 median for defined contribution plans in retail trade. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $200.
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $306 | $48,746 | $36,708 | $53,102 |
| Employer contributions per active participant | — | $2,017 | $999 | $2,175 |
| Schedule C compensation per participant | — | $141 | $121 | $123 |
| Schedule C compensation, share of net assets | — | 0.30% | 0.36% | 0.26% |
| Administrative expenses per participant | $0.51 | $133 | $114 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 250 to 499 participants (17,456 plans), retail trade (3,794) and all US plans (63,460). Fee medians cover plans that report an amount.
Statement for the year
- Net assets, beginning of year$0
- Employer contributions—
- Participant contributions$124,947
- Rollovers and other contributions—
- Total contributions$124,947
- Total income, including investment results$127,835
- Benefits paid$8,035
- Administrative expenses$200
- Total expenses$8,235
- Net income$119,600
- Net transfers$0
- Net assets, end of year$119,600
Participants
- Active participants315
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits76
- Participants with account balances279
- Total participants, end of year391
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$200
- Total administrative expenses$200
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$118K · 98.8%
- Cash (interest and non-interest bearing)$1,482 · 1.2%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmKruggel Lawton & Company, LLC
- Participant contributions reported as transmitted lateYes, $5,230
- Covered by a fidelity bondYes, $10,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2AAge/service weighted or new comparability or similar plan2EProfit-sharing plan2JCode section 401(k) feature2FERISA section 404(c) plan2GTotal participant-directed account plan3DPre-approved pension plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 445291.
Similar plans in Illinois
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Acp Creativit, LLC 401(k) Plan | Acp Creativit, LLC | 395 | $33.2M | $84,148 |
| Highland Park Motors, Inc. Employees' Profit Sharing and Savings Plan | Highland Park Motors, Inc. | 387 | $14.8M | $38,329 |
| Winston Brands, Inc. 401(k) Plan | Winston Brands, Inc. | 396 | $18.6M | $46,987 |
| Graham Enterprise 401(k) Profit Sharing Plan | Graham Enterprise, Inc. | 386 | $26.1M | $67,723 |
| Universal Pool Company, Inc. 401(k) Savings Plan | Universal Pool Company, Inc. | 398 | $19.1M | $48,026 |
| Berman Auto Group 401(k) Plan | Star Nissan | 383 | $9.1M | $23,752 |
Defined contribution plans in retail trade closest in size.
Questions and answers
How big is The Hari Group 401(k) Plan?
391 participants at the end of the plan year ending 31 Dec 2024, of whom 315 were active employees, with net assets of $119,600. Among defined contribution plans that places it in the 250 to 499 participants band, which held 17,456 plans in plan year 2024.
What does Hari Donuts Batavia Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $200. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Hari Donuts Batavia Inc.. The financial statements were audited by Kruggel Lawton & Company, LLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 28 Feb 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 45-5493951, plan 001, received 28 Feb 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.