Plan Ledger DOL Form 5500 · updated monthly

Hankey Investment Company LP401(k)

HG 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Hankey Investment Company LP reported $212,666 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $866 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 3 years on file its reported administrative ratio has held roughly steady near 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 935th-largest of 9,483 plans among California employers on file, and the 355th of 5,215 in retail trade. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$108,420,140
Participants with balances1,534
Active participants3,742
Employer contributions$3,241,773
Employee contributions$4,530,585
Employer contribution per active participant$866
Average account balance$70,678
Benefits paid to participants$10,189,335
Plan auditUnmodified (clean) audit opinion
AuditorLSL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$108.4M · 1,534 accts · $3.2M emplr
2023$91.7M · 1,480 accts · $4K emplr
2022$79.8M · 1,502 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$170,666
Audit (IQPA)$42,000
Total administrative$212,666
The Hankey Investment Company LP 401(k) match · 2024
Employer contribution per active participant$866
Median for plans this size$3,635
2024$866 per active participant
2023$1 per active participant
2022$447 per active participant

Hankey Investment Company LP's 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$170,666
KOBAYASHI & COMPANY · Accounting / audit$42,000
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$212,666 · 0.21%
2023$188,901 · 0.22%
2022$186,341 · 0.22%
Same employer
Similar plansRetail Trade · California
Kioxia America Inc. CA$118.2M · 0.14%
Beachbody, LLC CA$114.2M · 0.15%
Iherb, LLC CA$110.4M · 0.08%
Stater Bros. Markets CA$107.1M · 0.11%
Tcag, Inc. CA$101.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954361557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.