Hankins Lumber Co. Inc.401(k)

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

Hankins Lumber Co. Inc. reported $17,491 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $1,471 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 0.794%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Mississippi (300th of 367), and 12,535th of 13,661 in manufacturing. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 117 to 163 since 2022.