Plan Ledger DOL Form 5500 · updated monthly

Hantover, Inc.401(k)

HANTOVER, INC. PROFIT SHARING / 401(K) SAVINGS PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Hantover, Inc. reported $52,208 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,368 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 3 years on file its reported administrative ratio has held roughly steady near 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Kansas (506th of 828), and 3,009th of 4,246 in wholesale trade. In 2024, employees put in $2.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,336,925
Participants with balances161
Active participants159
Employer contributions$217,472
Employee contributions$625,786
Employer contribution per active participant$1,368
Average account balance$57,993
Benefits paid to participants$1,150,812
Plan auditUnmodified (clean) audit opinion
AuditorMARKSNELSON LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 161 accts · $217K emplr
2023$8.7M · 176 accts · $219K emplr
2022$7.7M · 180 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,958
Investment management$22,250
Total administrative$52,208
The Hantover, Inc. 401(k) match · 2024
Employer contribution per active participant$1,368
Median for plans this size$1,313
2024$1,368 per active participant
2023$1,521 per active participant
2022$1,351 per active participant

Hantover, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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$29,958
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$22,250

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$52,208 · 0.58%
2023$47,984 · 0.59%
2022$50,819 · 0.59%
Same employer
Similar plansWholesale Trade · Kansas
The Gerson Companies KS$9.3M · 0.68%
Lone Star Management, LLC KS$8.1M · 0.80%
Lang Diesel, Inc, KS$8.1M · 0.46%
Hub, Inc. KS$7.0M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 440274436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.