Plan Ledger DOL Form 5500 · updated monthly

Hansgrohe, Inc.401(k)

HANSGROHE, INC. RETIREMENT PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Hansgrohe, Inc. reported $44,097 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,256 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 0.40% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,072nd-largest of 2,160 plans among Georgia employers on file, and 7,565th of 13,661 in manufacturing. In 2024, employees put in $3.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,470,855
Participants with balances257
Active participants184
Employer contributions$231,175
Employee contributions$800,728
Employer contribution per active participant$1,256
Average account balance$52,416
Benefits paid to participants$522,668
Plan auditUnmodified (clean) audit opinion
AuditorVENNING & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 257 accts · $231K emplr
2023$11.4M · 250 accts · $242K emplr
2022$10.0M · 269 accts · $249K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,220
Investment management$36,877
Total administrative$44,097
The Hansgrohe, Inc. 401(k) match · 2024
Employer contribution per active participant$1,256
Median for plans this size$2,416
2024$1,256 per active participant
2023$1,421 per active participant
2022$1,282 per active participant

Hansgrohe, Inc.'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 · 20243
LPL FINANCIAL · Recordkeeping · Trustee$23,343
ADP, INC. · Loan processing · Recordkeeping$20,753
ADP BROKER-DEALERindirect 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
2024ADP, LPL Financial
2023ADP, LPL Financial

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

Administrative cost history3
2024$44,097 · 0.35%
2023$41,041 · 0.38%
2022$44,436 · 0.40%
Same employer
Similar plansManufacturing · Georgia
Foley Products Company, LLC GA$13.7M · 0.00%
Spectra Metal Sales, Inc. GA$13.7M · 0.41%
Apco Graphics, Inc. GA$13.7M · 0.26%
Zschimmer and Schwarz, Inc. GA$13.6M · 0.02%
Doehler North America, Inc. GA$12.9M · 0.33%
Lummus Corporation GA$12.9M · 0.26%
Showa Best Glove, Inc GA$12.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770173272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.