Plan Ledger DOL Form 5500 · updated monthly

Hanover Direct, Inc.401(k)

HANOVER DIRECT, INC. SAVINGS AND RETIREMENT PLAN · LA CROSSE, WI · plan year 2023

Reported admin expense ratio · 2023
0.06%

Hanover Direct, Inc. reported $5,779 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. 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 0.17% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Wisconsin (1,243rd of 1,936), and the 2,496th of 5,215 in retail trade.

Plan summary
Net assets, end of year$10,757,159
Participants with balances111
Active participants35
Employer contributions—
Employee contributions$32,747
Employer contribution per active participant—
Average account balance$96,911
Benefits paid to participants$917,182
Plan auditUnmodified (clean) audit opinion
AuditorRICCI AND COMPANY, CPA, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 92 accts
2023$10.8M · 111 accts
2022$10.2M · 157 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,779
Total administrative$5,779
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
T ROWE PRICE RPS INC · Recordkeeping · Trustee$5,779

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$11,220 · 0.11%
2023$5,779 · 0.06%
2022$26,930 · 0.17%
Similar plansRetail Trade · Wisconsin
Andrew Chevrolet, Inc. WI$12.0M · 0.29%
The Konop Companies, Inc. WI$10.4M · 0.49%
Davians, Inc. WI$10.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 130853260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.