Plan Ledger DOL Form 5500 · updated monthly

C. William Hetzer, Inc.401(k)

C. WILLIAM HETZER, INC. 401(K) RETIREMENT PLAN · HAGERSTOWN, MD · plan year 2023

Reported admin expense ratio · 2023
0.38%

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

C. William Hetzer, Inc. reported $41,931 in plan administrative expenses for 2023: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,442 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 0.29% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (920th of 1,671), and 2,880th of 5,337 in construction. In 2023, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,579,458
Participants with balances191
Active participants163
Employer contributions$398,038
Employee contributions$632,951
Employer contribution per active participant$2,442
Average account balance$60,625
Benefits paid to participants$1,491,628
Plan auditUnmodified (clean) audit opinion
AuditorALBRIGHT CRUMBACKER MOUL & ITELL
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 189 accts · $614K emplr
2023$11.6M · 191 accts · $398K emplr
2022$10.5M · 210 accts · $386K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,931
Total administrative$41,931
The C. William Hetzer, Inc. 401(k) match · 2023
Employer contribution per active participant$2,442
Median for plans this size$2,440
2024$3,912 per active participant
2023$2,442 per active participant
2022$2,428 per active participant

C. William Hetzer, Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
VOYA RETIREMENT INS AND ANNUITY CO · Investment advisory (participants)$33,131
SMITH ELLIOTT KEARNS & COMPANY, LLC · Other services$8,800
MORGAN STANLEY SMITH BARNEY LLCindirect comp

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$46,595 · 0.42%
2023$41,931 · 0.38%
2022$36,308 · 0.29%
Same employer
Similar plansConstruction · Maryland
Aui, Inc. MD$12.4M · 0.56%
Len the Plumber, LLC MD$12.2M · 0.86%
Cole Roofing Co., Inc. MD$12.1M · 0.37%
Tricon Construction, Inc. MD$11.3M · 0.00%
M. T. Laney Company, Inc. MD$11.2M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 520643997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.