Plan Ledger DOL Form 5500 · updated monthly

American Howa Kentucky Inc401(k)

AMERICAN HOWA KENTUCKY INC 401(K) PROFIT SHARING PLAN & TRUST · BOWLING GREEN, KY · plan year 2024

Reported admin expense ratio · 2024
1.17%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

American Howa Kentucky Inc reported $21,284 in plan administrative expenses for 2024: 1.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $399 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 2.09% to 1.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kentucky (779th of 871), and 10,881st of 11,654 in professional & technical services. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,989,727
Participants with balances159
Active participants186
Employer contributions$74,296
Employee contributions$154,200
Employer contribution per active participant$399
Average account balance$12,514
Benefits paid to participants$64,213
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.0M · 159 accts · $74K emplr
2023$1.7M · 129 accts · $81K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,103
Investment management$8,321
Trustee / custodial$860
Total administrative$21,284
The American Howa Kentucky Inc 401(k) match · 2024
Employer contribution per active participant$399
Median for plans this size$1,313
2024$399 per active participant
2023$486 per active participant

American Howa Kentucky Inc's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$12,100
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$7,987

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Paychex
2023LEVELIZED COMPENSATION ADVISOR, Paychex

This plan has changed recordkeepers within these filings. If you left American Howa Kentucky Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$21,284 · 1.17%
2023$33,073 · 2.09%
Same employer
Similar plansProfessional & Technical Services · Kentucky
Kentuckiana Reporters KY$2.4M · 0.19%
Vinyl Fanatic, LLC KY$643K · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260177642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.