Plan Ledger DOL Form 5500 · updated monthly

Hana Group US, LLC401(k)

HANA GROUP US LLC 401(K) PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Hana Group US, LLC reported $5,658 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $64 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 0.06% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Pennsylvania (2,962nd of 3,651), and the 961st of 2,240 in accommodation & food services. In 2024, employees put in $10.94 for every $1.00 the employer contributed; active participation has grown from 677 to 867 since 2022.

Plan summary
Net assets, end of year$4,392,790
Participants with balances211
Active participants867
Employer contributions$55,061
Employee contributions$602,379
Employer contribution per active participant$64
Average account balance$20,819
Benefits paid to participants$554,202
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 211 accts · $55K emplr
2023$3.8M · 198 accts · $52K emplr
2022$3.1M · 202 accts · $62K emplr
Administrative expenses, itemized · 2024
Investment management$5,658
Total administrative$5,658
The Hana Group US, LLC 401(k) match · 2024
Employer contribution per active participant$64
Median for plans this size$1,313
2024$64 per active participant
2023$72 per active participant
2022$92 per active participant

Hana Group US, LLC's 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,734
STERLING INVESTMENT ADVISORS · Investment advisory (participants)$20,178

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$5,658 · 0.14%
2023$1,430 · 0.04%
2022$1,819 · 0.06%
Same employer
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Cescaphe Limited, LLC PA$5.2M · 0.90%
Crown American Associates PA$4.7M · 0.37%
Chickies and Petes Inc PA$4.6M · 0.76%
Srg, LLC PA$4.5M · 0.04%
Primo #1 in Produce, Inc. PA$4.1M · 0.35%
Serve U Brands, Inc. PA$3.8M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300937526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.