Plan Ledger DOL Form 5500 · updated monthly

H & P Technologies, Inc.401(k)

H & P TECHNOLOGIES, INC. 401(K) & PROFIT SHARING PLAN · WARREN, MI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

H & P Technologies, Inc. reported $68,512 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,210 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 0.16% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 985th-largest of 2,619 plans among Michigan employers on file, and the 1,798th of 4,246 in wholesale trade. In 2024, employees put in $5.83 for every $1.00 the employer contributed; active participation has grown from 114 to 169 since 2022.

Plan summary
Net assets, end of year$21,387,439
Participants with balances173
Active participants169
Employer contributions$204,414
Employee contributions$1,191,840
Employer contribution per active participant$1,210
Average account balance$123,627
Benefits paid to participants$2,228,955
Plan auditUnmodified (clean) audit opinion
AuditorGORDON ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 173 accts · $204K emplr
2023$18.9M · 175 accts · $156K emplr
2022$15.1M · 126 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,320
Investment management$37,692
Total administrative$68,512
The H & P Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,210
Median for plans this size$2,416
2024$1,210 per active participant
2023$898 per active participant
2022$1,237 per active participant

H & P Technologies, Inc.'s 2024 employer contribution ran below the $2,416 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
ASCENSUS LLC · Loan processing · Recordkeeping$19,320
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$37,692
H & P TECHNOLOGIES INC$11,500

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,512 · 0.34%
2023$34,907 · 0.21%
2022$27,186 · 0.16%
Same employer
Similar plansWholesale Trade · Michigan
Young Supply Company MI$23.5M · 0.43%
Fka Distributing Co., LLC MI$21.7M · 0.35%
Alpine Power Systems, Inc. MI$21.5M · 0.01%
Mid-States Bolt & Screw Co. MI$20.8M · 0.61%
Terminal Supply Co. MI$20.5M · 0.05%
Rassini International, Inc. MI$20.0M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381389811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.