Plan Ledger DOL Form 5500 · updated monthly

Bollman Hat CompanyESOP

BOLLMAN HAT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN · ADAMSTOWN, PA · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Bollman Hat Company reported $297 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,378 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 2 years on file its reported administrative ratio rose from 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,487th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,731st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$21,109,752
Participants with balances427
Active participants239
Employer contributions$1,524,298
Employee contributions—
Employer contribution per active participant$6,378
Average account balance$49,437
Benefits paid to participants$678,054
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 359 accts · $1.1M emplr
2023$17.7M · 378 accts · $1.7M emplr
2022$21.1M · 427 accts · $1.5M emplr
Administrative expenses, itemized · 2022
Professional / advisory$297
Total administrative$297
Employer contributions to the Bollman Hat Company plan · 2022
Employer contribution per active participant$6,378
Median for plans this size$2,266
2024$5,996 per active participant
2023$9,478 per active participant
2022$6,378 per active participant

Bollman Hat Company's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$1,300 · 0.01%
2023$575 · 0.00%
2022$297 · 0.00%
All plans at this employer2
BOLLMAN HAT COMPANY EMPLOYEE STOCK OWNERSHIP PLANESOP
BOLLMAN HAT COMPANY 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Gerrity's Supermarket, Inc. PA$21.8M · 0.37%
Bonney Forge Corp PA$21.5M · 0.23%
Kerotest Industries, Inc. PA$21.1M · 0.00%
Nursery Supplies, Inc. PA$20.9M · 0.05%
G. O. Carlson, Inc. PA$20.8M · 0.20%
Flexicon Corporation PA$20.7M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231922616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.