Plan Ledger DOL Form 5500 · updated monthly

Hansen-Rice Inc.401(k)

HANSEN-RICE INC. 401K PROFIT SHARING PLAN · NAMPA, ID · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Hansen-Rice Inc. reported $1,010 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,404 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 0.008% to 0.008%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 129th-largest of 349 plans among Idaho employers on file, and the 2,522nd of 5,337 in construction. In 2024, employees put in $2.45 for every $1.00 the employer contributed; active participation has shrunk from 137 to 89 since 2022.

Plan summary
Net assets, end of year$14,529,577
Participants with balances106
Active participants89
Employer contributions$391,998
Employee contributions$960,719
Employer contribution per active participant$4,404
Average account balance$137,071
Benefits paid to participants$808,545
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 106 accts · $392K emplr
2023$12.2M · 125 accts · $385K emplr
2022$10.9M · 119 accts · $373K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,010
Total administrative$1,010
The Hansen-Rice Inc. 401(k) match · 2024
Employer contribution per active participant$4,404
Median for plans this size$2,416
2024$4,404 per active participant
2023$3,083 per active participant
2022$2,720 per active participant

Hansen-Rice Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$1,085
ALERA GROUP INC · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$1,010 · 0.01%
2023$752 · 0.01%
2022$1,096 · 0.01%
Similar plansConstruction · Idaho
Engineered Structures, Inc. ID$36.3M · 0.59%
Ruen Drilling, Inc. ID$20.7M · 0.04%
Corey Barton Homes, Inc. ID$9.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820374917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.