Plan Ledger DOL Form 5500 · updated monthly

Hardesty & Hanover Holding,Llc401(k)

HARDESTY & HANOVER EMPLOYEES' 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Hardesty & Hanover Holding,Llc reported $212,365 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,857 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 0.20% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 616th-largest of 5,648 plans among New York employers on file, and the 1,124th of 11,654 in professional & technical services. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has grown from 507 to 633 since 2022.

Plan summary
Net assets, end of year$138,458,057
Participants with balances662
Active participants633
Employer contributions$2,441,400
Employee contributions$6,629,224
Employer contribution per active participant$3,857
Average account balance$209,151
Benefits paid to participants$6,425,073
Plan auditUnmodified (clean) audit opinion
AuditorGRASSI & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$138.5M · 662 accts · $2.4M emplr
2023$116.1M · 666 accts · $2.1M emplr
2022$96.7M · 568 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,244
Investment management$122,850
Total administrative$212,365
The Hardesty & Hanover Holding,Llc 401(k) match · 2024
Employer contribution per active participant$3,857
Median for plans this size$3,635
2024$3,857 per active participant
2023$3,189 per active participant
2022$3,678 per active participant

Hardesty & Hanover Holding,Llc's 2024 employer contribution ran above the $3,635 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$111,803
EMPOWER ADVISORY GROUP, LLC · Investment management$11,047

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$212,365 · 0.17%
2023$243,941 · 0.23%
2022$211,651 · 0.20%
Similar plansProfessional & Technical Services · New York
Bonadio & Co., LLP NY$150.2M · 0.12%
Labella Associates, D.P.C. NY$150.0M · 0.11%
Davis+Gilbert LLP NY$149.2M · 0.15%
Sh Group, Inc. NY$140.7M · 0.08%
Flatiron Health, Inc. NY$138.1M · 0.03%
Clyde & Co US LLP NY$136.3M · 0.10%
Criteo Corporation NY$133.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452750375 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.