Plan Ledger DOL Form 5500 · updated monthly

Hardel Mutual Plywood Corp.401(k)

HARDEL MUTUAL PLYWOOD CORPORATION 401(K) PROFIT SHARING PLAN · CHEHALIS, WA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Hardel Mutual Plywood Corp. reported $3,879 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,177 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 0.013% to 0.011%. 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 429th-largest of 1,714 plans among Washington employers on file, and the 3,750th of 13,661 in manufacturing. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,071,351
Participants with balances282
Active participants236
Employer contributions$1,457,805
Employee contributions$2,430,472
Employer contribution per active participant$6,177
Average account balance$138,551
Benefits paid to participants$872,124
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.1M · 282 accts · $1.5M emplr
2023$32.6M · 259 accts · $1.4M emplr
2022$28.3M · 274 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,879
Total administrative$3,879
The Hardel Mutual Plywood Corp. 401(k) match · 2024
Employer contribution per active participant$6,177
Median for plans this size$2,416
2024$6,177 per active participant
2023$6,558 per active participant
2022$5,735 per active participant

Hardel Mutual Plywood Corp.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,978

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$3,879 · 0.01%
2023$3,784 · 0.01%
2022$3,943 · 0.01%
Same employer
Similar plansManufacturing · Washington
Meteorcomm LLC WA$39.6M · 0.04%
Lynden Door, Inc. WA$38.7M · 0.09%
Travis Industries Inc WA$38.1M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910603573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.