Plan Ledger DOL Form 5500 · updated monthly

Austin Tri-Hawk Automotive, Inc.401(k)

AUSTIN TRI-HAWK AUTOMOTIVE, INC. 401(K) PLAN · AUSTIN, IN · plan year 2024

Reported admin expense ratio · 2024
1.09%

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

Austin Tri-Hawk Automotive, Inc. reported $45,366 in plan administrative expenses for 2024: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $262 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 3 years on file its reported administrative ratio has held roughly steady near 1.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,228th of 1,562), and 11,600th of 13,661 in manufacturing. In 2024, employees put in $3.41 for every $1.00 the employer contributed; active participation has grown from 259 to 351 since 2022.

Plan summary
Net assets, end of year$4,278,515
Participants with balances157
Active participants351
Employer contributions$92,020
Employee contributions$313,635
Employer contribution per active participant$262
Average account balance$27,252
Benefits paid to participants$543,954
Plan auditUnmodified (clean) audit opinion
AuditorCARNAGHI & SCHWARK PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 157 accts · $92K emplr
2023$4.0M · 149 accts · $90K emplr
2022$3.6M · 169 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,296
Investment management$16,070
Total administrative$45,366
The Austin Tri-Hawk Automotive, Inc. 401(k) match · 2024
Employer contribution per active participant$262
Median for plans this size$1,313
2024$262 per active participant
2023$318 per active participant
2022$380 per active participant

Austin Tri-Hawk Automotive, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,296
SALING SIMMS ASSOC INC · Investment advisory (plan)$10,672
STEWARD PARTNERS INVESTMENT ADV LLC · Investment advisory (plan)$5,394

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

Administrative cost history3
2024$45,366 · 1.09%
2023$42,716 · 1.13%
2022$41,658 · 1.06%
Same employer
Similar plansManufacturing · Indiana
Hy-Pro Corporation IN$4.3M · 0.02%
Zachary Confections, Inc. IN$4.3M · 0.43%
Lindal North America, Inc IN$4.2M · 0.59%
Haas Cabinet Co., Inc. IN$4.1M · 0.29%
Lofted Products LLC IN$4.1M · 0.65%
Hisada America, Inc. IN$4.1M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621697590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.