Plan Ledger DOL Form 5500 · updated monthly

Haeco Americas401(k)

HAECO AMERICAS 401(K) PLAN · GREENSBORO, NC · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Haeco Americas reported $303,456 in plan administrative expenses for 2023: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,513 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 fell from 0.35% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 195th-largest of 2,005 plans among North Carolina employers on file, and the 233rd of 2,677 in transportation & warehousing. In 2023, employees put in $3.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$104,702,931
Participants with balances2,223
Active participants1,822
Employer contributions$2,757,442
Employee contributions$9,351,898
Employer contribution per active participant$1,513
Average account balance$47,100
Benefits paid to participants$13,902,075
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$94.0M · 2,108 accts · $2.7M emplr
2023$104.7M · 2,223 accts · $2.8M emplr
2022$91.5M · 2,274 accts · $1.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$197,352
Investment management$86,679
Audit (IQPA)$19,425
Total administrative$303,456
The Haeco Americas 401(k) match · 2023
Employer contribution per active participant$1,513
Median for plans this size$3,659
2024$1,481 per active participant
2023$1,513 per active participant
2022$771 per active participant

Haeco Americas's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$197,352
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$44,691
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$41,988
FORVIS, LLP · Accounting / audit$19,425

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$303,775 · 0.31%
2023$303,456 · 0.31%
2022$355,098 · 0.35%
Same employer
Similar plansTransportation & Warehousing · North Carolina
Rxo Corporate Solutions, LLC NC$263.1M · 0.15%
Ct Management, Inc. NC$48.7M · 0.32%
Direct Chassislink, Inc. NC$44.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650665658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.