Plan Ledger DOL Form 5500 · updated monthly

H-D Advanced Manufacturing Company401(k)

HD ADVANCED MANUFACTURING 401K PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

H-D Advanced Manufacturing Company reported $59,156 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,431 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 has held roughly steady near 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,948th-largest of 5,688 plans among Texas employers on file, and the 5,729th of 13,661 in manufacturing. In 2023, employees put in $3.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,137,418
Participants with balances204
Active participants272
Employer contributions$389,312
Employee contributions$1,353,009
Employer contribution per active participant$1,431
Average account balance$103,615
Benefits paid to participants$3,456,132
Plan auditUnmodified (clean) audit opinion
AuditorABIP, PC
Plan history2
Yearassets · accounts · employer contribution
2023$21.1M · 204 accts · $389K emplr
2022$19.6M · 233 accts · $359K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,061
Investment management$30,095
Total administrative$59,156
The H-D Advanced Manufacturing Company 401(k) match · 2023
Employer contribution per active participant$1,431
Median for plans this size$2,440
2023$1,431 per active participant
2022$1,377 per active participant

H-D Advanced Manufacturing Company's 2023 employer contribution ran below 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 · 20232
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$30,095
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,061

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

Administrative cost history2
2023$59,156 · 0.29%
2022$61,515 · 0.28%
Similar plansManufacturing · Texas
Ludlum Measurements, Inc. TX$21.8M · 0.48%
Texas Scenic Company, Inc TX$21.8M · 0.00%
Canoo Technologies Inc. TX$21.6M · 0.25%
Hobas Pipe USA, Inc. TX$20.8M · 0.09%
Inhance Technologies, LLC TX$20.8M · 0.38%
National Presort, LP TX$20.7M · 0.77%
Utex Industries, Inc. TX$20.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461420120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.