Plan Ledger DOL Form 5500 · updated monthly

Hammill Manufacturing Company401(k)

HAMMILL MANUFACTURING COMPANY 401(K) PLAN · MAUMEE, OH · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Hammill Manufacturing Company reported $68,105 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,175 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 rose from 0.39% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,572nd-largest of 3,295 plans among Ohio employers on file, and 6,985th of 13,661 in manufacturing. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,374,707
Participants with balances155
Active participants130
Employer contributions$282,763
Employee contributions$711,049
Employer contribution per active participant$2,175
Average account balance$99,192
Benefits paid to participants$2,334,542
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 155 accts · $283K emplr
2023$15.3M · 152 accts · $261K emplr
2022$14.2M · 144 accts · $269K emplr
Administrative expenses, itemized · 2024
Investment management$68,105
Total administrative$68,105
The Hammill Manufacturing Company 401(k) match · 2024
Employer contribution per active participant$2,175
Median for plans this size$2,416
2024$2,175 per active participant
2023$2,137 per active participant
2022$2,117 per active participant

Hammill Manufacturing Company's 2024 employer contribution ran below the $2,416 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$37,214
WELLS FARGO CLEARING SERVICES, LLC · Investment advisory (plan)$30,376

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$68,105 · 0.44%
2023$59,906 · 0.41%
2022$52,941 · 0.39%
Same employer
Similar plansManufacturing · Ohio
Alfred Nickles Bakery, Inc. OH$15.6M · 0.43%
Cmc Group, Inc. OH$15.5M · 0.45%
Salvagnini America, Inc. OH$15.2M · 0.02%
Grote Enterprises, LLC OH$15.2M · 0.71%
Select Arc, Inc. OH$15.1M · 0.62%
Gvs Filtration, Inc. OH$15.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344468528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.