Plan Ledger DOL Form 5500 · updated monthly

Haier US Appliance Solutions, Inc.401(k)

MY SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Haier US Appliance Solutions, Inc. reported $613,124 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $7,047 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 0.10% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 12th-largest of 871 plans among Kentucky employers on file, and the 384th of 13,661 in manufacturing. In 2024, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$840,205,589
Participants with balances6,802
Active participants5,568
Employer contributions$39,235,758
Employee contributions$53,727,354
Employer contribution per active participant$7,047
Average account balance$123,523
Benefits paid to participants$56,761,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$840.2M · 6,802 accts · $39.2M emplr
2023$701.1M · 6,840 accts · $37.1M emplr
2022$557.1M · 6,821 accts · $38.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$363,569
Investment management$192,288
Total administrative$613,124
The Haier US Appliance Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$7,047
Median for plans this size$4,294
2024$7,047 per active participant
2023$6,455 per active participant
2022$6,893 per active participant

Haier US Appliance Solutions, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$363,569
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$192,288
CAPFINANCIAL PARTNERS, LLC · Investment management$53,797

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$613,124 · 0.08%
2023$585,121 · 0.09%
2022$604,438 · 0.10%
All plans at this employer2
MY SAVINGS PLAN401(k)
MY SAVINGS PLAN (UNION)401(k)
Same employer
Similar plansManufacturing · Kentucky
Lexmark International KY$1.2B · 0.04%
Meh, Inc. MO$851.2M · 0.03%
Triumph Group, Inc. PA$848.3M · 0.08%
Dematic Corp. MI$843.7M · 0.08%
Mks Instruments, Inc. MA$839.6M · 0.04%
Akzo Nobel Inc. TN$818.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811692501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.