Balance a Wheel

Does anyone know if there is a way to simulate or calculate balance a rotating SolidWorks part such as how weights are added to the rim of an automobile wheel to dynamically balance it.  I have a gear hub that is rotating at a low RPM (80), not sure if it needs to be balanced but I am curious as to how one would approach this task.

Thank you,

Andrew Grove

SolidworksParts And Features