Plan Ledger DOL Form 5500 · updated monthly

Hanna Andersson, LLC401(k)

HANNA ANDERSSON, LLC 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Hanna Andersson, LLC reported $83,447 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $633 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 0.30% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 330th-largest of 1,021 plans among Oregon employers on file, and the 1,256th of 5,215 in retail trade. In 2024, employees put in $6.13 for every $1.00 the employer contributed; active participation has shrunk from 564 to 446 since 2022.

Plan summary
Net assets, end of year$23,885,496
Participants with balances623
Active participants446
Employer contributions$282,537
Employee contributions$1,731,013
Employer contribution per active participant$633
Average account balance$38,339
Benefits paid to participants$2,108,891
Plan auditUnmodified (clean) audit opinion
AuditorPERKINS & COMPANY, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 623 accts · $283K emplr
2023$20.5M · 652 accts · $492K emplr
2022$18.8M · 658 accts · $463K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,697
Audit (IQPA)$15,750
Total administrative$83,447
The Hanna Andersson, LLC 401(k) match · 2024
Employer contribution per active participant$633
Median for plans this size$2,416
2024$633 per active participant
2023$1,067 per active participant
2022$821 per active participant

Hanna Andersson, LLC's 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$67,697
PERKINS & COMPANY, P.C. · Accounting / audit$15,750

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$83,447 · 0.38%
2023$57,004 · 0.29%
2022$64,427 · 0.30%
Same employer
Similar plansRetail Trade · Oregon
Powell's Books, Inc. OR$30.5M · 0.46%
Grand & Benedicts, Inc. OR$29.5M · 0.00%
Miller Paint Co. OR$27.8M · 0.03%
Lanphere Enterprises, Inc. OR$27.5M · 0.38%
Carr Auto Group, Inc. OR$22.7M · 0.59%
Dolan Northwest, LLC OR$22.5M · 0.22%
Jkc Automotive, Inc. OR$15.9M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943381261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.