Plan Ledger DOL Form 5500 · updated monthly

H.D. Hudson Manufacturing Company401(k)

H.D. HUDSON MANUFACTURING COMPANY RETIREMENT SAVINGS PLAN · LOWELL, MI · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

H.D. Hudson Manufacturing Company reported $51,818 in plan administrative expenses for 2022: 0.78% of average plan assets, above the peer median. Employer contributions averaged $3,878 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 0.783%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,908th of 2,619), and 10,720th of 13,661 in manufacturing. In 2022, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,926,079
Participants with balances111
Active participants66
Employer contributions$255,916
Employee contributions$485,118
Employer contribution per active participant$3,878
Average account balance$53,388
Benefits paid to participants$1,105,423
Plan auditUnmodified (clean) audit opinion
AuditorVANDERPLOEG, BERGAKKER & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 112 accts · $177K emplr
2023$5.1M · 102 accts · $189K emplr
2022$5.9M · 111 accts · $256K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$51,818
Total administrative$51,818
The H.D. Hudson Manufacturing Company 401(k) match · 2022
Employer contribution per active participant$3,878
Median for plans this size$1,114
2024$2,332 per active participant
2023$3,005 per active participant
2022$3,878 per active participant

H.D. Hudson Manufacturing Company's 2022 employer contribution ran above the $1,114 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$39,246 · 0.78%
2023$44,957 · 0.81%
2022$51,818 · 0.78%
Similar plansManufacturing · Michigan
Shoreline Fruit, LLC MI$6.0M · 0.07%
Lyons Industries Inc. MI$5.9M · 0.05%
Schwab Industries, Inc. MI$5.9M · 1.40%
Cup Acquisition, LLC MI$5.9M · 0.37%
Gnutti Carlo USA, Inc. MI$5.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361243360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.