Plan Ledger DOL Form 5500 · updated monthly

Hardin Staffing Inc.401(k)

HARDIN STAFFING, INC. 401(K) PROFIT SHARING PLAN & TRUST · OOLOGAH, OK · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

Hardin Staffing Inc. reported $5,072 in plan administrative expenses for 2022: 0.58% of average plan assets, below the peer median. Employer contributions averaged $597 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Oklahoma (695th of 724), and 887th of 945 in agriculture, forestry & fishing. In 2022, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$743,850
Participants with balances49
Active participants71
Employer contributions$42,390
Employee contributions$92,436
Employer contribution per active participant$597
Average account balance$15,181
Benefits paid to participants$217,177
Plan auditUnmodified (clean) audit opinion
AuditorPIERCE FIRM, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,072
Total administrative$5,072
The Hardin Staffing Inc. 401(k) match · 2022
Employer contribution per active participant$597
Median for plans this size$331

Hardin Staffing Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,072 · 0.58%
Similar plansAgriculture, Forestry & Fishing · Oklahoma
Hitch Enterprises Inc. OK$9.0M · 0.23%
J-M Farms, Inc. OK$5.1M · 0.37%
Marco Industries, Inc. OK$2.7M · 0.17%
Cooks Venture Poultry NJ$757K · 0.28%
Frosty Packing Co., LLC WA$752K · 0.43%
Jarmoc Tobacco LLC CT$751K · 1.24%
Quick Holdings, LLC CO$746K · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472005766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.