Plan Ledger DOL Form 5500 · updated monthly

Halmar International, LLC401(k)

HALMAR INTERNATIONAL, LLC 401(K) PROFIT SHARING PLAN · NANUET, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Halmar International, LLC reported $168,625 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $5,050 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 0.45% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,493rd-largest of 5,648 plans among New York employers on file, and the 1,152nd of 5,337 in construction. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 210 to 297 since 2022.

Plan summary
Net assets, end of year$44,153,138
Participants with balances289
Active participants297
Employer contributions$1,499,909
Employee contributions$3,580,037
Employer contribution per active participant$5,050
Average account balance$152,779
Benefits paid to participants$2,738,499
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.2M · 289 accts · $1.5M emplr
2023$35.2M · 241 accts · $1.3M emplr
2022$26.6M · 225 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,529
Investment management$112,974
Total administrative$168,625
The Halmar International, LLC 401(k) match · 2024
Employer contribution per active participant$5,050
Median for plans this size$2,416
2024$5,050 per active participant
2023$5,737 per active participant
2022$5,626 per active participant

Halmar International, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
INFINEX INVESTMENTS INC · Investment advisory (plan)$112,974
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$55,529

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$168,625 · 0.42%
2023$130,557 · 0.42%
2022$127,822 · 0.45%
Same employer
Similar plansConstruction · New York
Lancaster Development, Inc. NY$45.1M · 0.20%
The Dimarco Group, LLC NY$44.7M · 0.35%
Carver Companies NY$41.3M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203240608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.