Plan Ledger DOL Form 5500 · updated monthly

Hallcon Corporation401(k)

HALLCON RETIREMENT SAVINGS PLAN · LENEXA, KS · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Hallcon Corporation reported $41,624 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $127 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 0.68% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 392nd-largest of 828 plans among Kansas employers on file, and the 923rd of 2,677 in transportation & warehousing. In 2024, employees put in $3.85 for every $1.00 the employer contributed; active participation has shrunk from 4,838 to 3,648 since 2022.

Plan summary
Net assets, end of year$14,610,516
Participants with balances1,605
Active participants3,648
Employer contributions$462,618
Employee contributions$1,780,227
Employer contribution per active participant$127
Average account balance$9,103
Benefits paid to participants$3,353,265
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 1,605 accts · $463K emplr
2023$14.0M · 682 accts · $1.3M emplr
2022$11.1M · 814 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,674
Audit (IQPA)$13,950
Total administrative$41,624
The Hallcon Corporation 401(k) match · 2024
Employer contribution per active participant$127
Median for plans this size$2,416
2024$127 per active participant
2023$252 per active participant
2022$232 per active participant

Hallcon Corporation's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PICKETT, CHANEY &MCMULLEN, LLP · Accounting / audit$13,950

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$41,624 · 0.29%
2023$12,695 · 0.10%
2022$76,301 · 0.68%
Same employer
Similar plansTransportation & Warehousing · Kansas
Selex Es Inc. KS$18.8M · 0.37%
Miq Logistics, LLC KS$18.0M · 0.25%
Jacobson Holdings, Inc. KS$15.1M · 0.86%
Smart Warehousing, LLC KS$12.0M · 0.52%
Intermodal Marketing, Inc. KS$11.6M · 0.01%
Alliance AG & Grain, LLC KS$10.6M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954688677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.