Plan Ledger DOL Form 5500 · updated monthly

Hadco Metal Trading Co., LLC401(k)

HADCO METAL TRADING CO., LLC 401K PLAN · BENSALEM, PA · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Hadco Metal Trading Co., LLC reported $72,062 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,465 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 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,367th of 3,651), and 3,023rd of 4,246 in wholesale trade. In 2024, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,235,027
Participants with balances237
Active participants223
Employer contributions$326,704
Employee contributions$1,009,513
Employer contribution per active participant$1,465
Average account balance$38,966
Benefits paid to participants$627,749
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 237 accts · $327K emplr
2023$7.2M · 231 accts · $308K emplr
2022$5.3M · 215 accts · $340K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,062
Total administrative$72,062
The Hadco Metal Trading Co., LLC 401(k) match · 2024
Employer contribution per active participant$1,465
Median for plans this size$1,313
2024$1,465 per active participant
2023$1,318 per active participant
2022$1,566 per active participant

Hadco Metal Trading Co., LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
PRINCIPAL LIFE INSURANCE CO · Contract administrator · Loan processing$64,689
ASSOCIATED PENSION CONSULTANTS · Contract administrator · Other services$4,355
SBHU LIFE AGENCY INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$72,062 · 0.87%
2023$59,333 · 0.94%
2022$50,262 · 0.91%
Same employer
Similar plansWholesale Trade · Pennsylvania
Tura, Inc. PA$9.9M · 0.48%
Timac Agro USA, Inc. PA$9.3M · 0.50%
Genus Lifesciences Inc. PA$9.2M · 0.06%
Capp, Inc PA$8.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204094707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.