Plan Ledger DOL Form 5500 · updated monthly

Hahnel Bros, Co.401(k)

HAHNEL BROS, CO. 401(K) PROFIT SHARING PLAN · LEWISTON, ME · plan year 2025

Reported admin expense ratio · 2025
0.25%

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

Hahnel Bros, Co. reported $17,814 in plan administrative expenses for 2025: 0.25% of average plan assets, below the peer median. Employer contributions averaged $776 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 rose from 0.10% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maine (249th of 354), and 3,547th of 5,337 in construction. In 2025, employees put in $3.32 for every $1.00 the employer contributed; active participation has shrunk from 99 to 77 since 2022.

Plan summary
Net assets, end of year$7,222,951
Participants with balances138
Active participants77
Employer contributions$59,762
Employee contributions$198,295
Employer contribution per active participant$776
Average account balance$52,340
Benefits paid to participants$842,213
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$7.2M · 138 accts · $60K emplr
2024$6.9M · 147 accts · $153K emplr
2023$6.5M · 156 accts · $160K emplr
2022$5.7M · 157 accts · $143K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$17,814
Total administrative$17,814
The Hahnel Bros, Co. 401(k) match · 2025
Employer contribution per active participant$776
Median for plans this size$1,464
2025$776 per active participant
2024$1,868 per active participant
2023$1,923 per active participant
2022$1,444 per active participant

Hahnel Bros, Co.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
ASCENSUS CONSULTING · Recordkeeping$6,739

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

Recordkeeper by year3
2025Ascensus
2024Ascensus
2023Ascensus

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

Administrative cost history4
2025$17,814 · 0.25%
2024$15,636 · 0.23%
2023$5,172 · 0.08%
2022$6,395 · 0.10%
Similar plansConstruction · Maine
Knickerbocker Group, Inc. ME$11.3M · 0.45%
Rubb, Inc. ME$10.4M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010084470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.