Plan Ledger DOL Form 5500 · updated monthly

Hanky Panky LTD.401(k)

HANKY PANKY, LTD. SECTION 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Hanky Panky LTD. reported $11,898 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,589 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 0.15% to 0.14%. 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 New York (3,686th of 5,648), and 9,028th of 13,661 in manufacturing. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has shrunk from 83 to 74 since 2022.

Plan summary
Net assets, end of year$9,466,311
Participants with balances119
Active participants74
Employer contributions$265,614
Employee contributions$377,206
Employer contribution per active participant$3,589
Average account balance$79,549
Benefits paid to participants$562,242
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 119 accts · $266K emplr
2023$8.0M · 123 accts · $265K emplr
2022$6.5M · 138 accts · $232K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,898
Total administrative$11,898
The Hanky Panky LTD. 401(k) match · 2024
Employer contribution per active participant$3,589
Median for plans this size$1,313
2024$3,589 per active participant
2023$3,442 per active participant
2022$2,793 per active participant

Hanky Panky LTD.'s 2024 employer contribution ran above the $1,313 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVC$11,898

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$11,898 · 0.14%
2023$11,073 · 0.15%
2022$11,424 · 0.15%
All plans at this employer2
HANKY PANKY LTD. ESOPESOP
HANKY PANKY, LTD. SECTION 401(K) PROFIT SHARING PLAN401(k)
Similar plansManufacturing · New York
Hyzon Motors USA, Inc. NY$9.9M · 0.66%
Mackenzie-Childs, LLC NY$9.7M · 0.48%
Eb Golf Media LLC NY$9.5M · 0.03%
Acro Industries Inc NY$9.4M · 0.38%
Tapecon, Inc. NY$9.4M · 0.03%
A.R. Arena Products, Inc. NY$9.4M · 0.03%
Diemolding Corporation NY$9.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132915616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.