Plan Ledger DOL Form 5500 · updated monthly

Halma Holdings Inc.401(k)

HALMA HOLDINGS INC. PROFIT SHARING/SAVINGS RETIREMENT PLAN · SUMMIT, NJ · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Halma Holdings Inc. reported $419,779 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,381 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 0.20% to 0.15%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 178th-largest of 2,419 plans among New Jersey employers on file, and the 117th of 786 in management of companies. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$294,000,839
Participants with balances3,689
Active participants2,755
Employer contributions$9,314,995
Employee contributions$18,571,529
Employer contribution per active participant$3,381
Average account balance$79,697
Benefits paid to participants$39,141,963
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNIG & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$294.0M · 3,689 accts · $9.3M emplr
2023$267.7M · 3,869 accts · $11.0M emplr
2022$215.1M · 3,850 accts · $11.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$419,779
Total administrative$419,779
The Halma Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$3,381
Median for plans this size$4,294
2024$3,381 per active participant
2023$4,024 per active participant
2022$4,398 per active participant

Halma Holdings Inc.'s 2024 employer contribution ran below 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$418,674

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$419,779 · 0.15%
2023$467,863 · 0.19%
2022$471,023 · 0.20%
Same employer
Similar plansManagement of Companies · New Jersey
Pearson Education Inc NJ$2.4B · 0.07%
Colas Inc and Subsidiaries NJ$555.2M · 0.14%
Indel Inc. NJ$99.1M · 0.02%
Redi-Direct Marketing, Inc. NJ$21.7M · 0.09%
Inductotherm Corp NJ$15.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610962400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.