Plan Ledger DOL Form 5500 · updated monthly

Harmonia Holdings Group, LLC401(k)

HARMONIA HOLDINGS GROUP, LLC 401(K) PLAN · BLACKSBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Harmonia Holdings Group, LLC reported $81,842 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,835 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 0.55% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 627th-largest of 2,266 plans among Virginia employers on file, and the 3,514th of 11,654 in professional & technical services. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 334 to 395 since 2022.

Plan summary
Net assets, end of year$37,101,168
Participants with balances441
Active participants395
Employer contributions$1,514,853
Employee contributions$3,484,934
Employer contribution per active participant$3,835
Average account balance$84,130
Benefits paid to participants$2,579,505
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.1M · 441 accts · $1.5M emplr
2023$29.1M · 400 accts · $1.2M emplr
2022$23.6M · 369 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,950
Investment management$30,202
Total administrative$81,842
The Harmonia Holdings Group, LLC 401(k) match · 2024
Employer contribution per active participant$3,835
Median for plans this size$2,416
2024$3,835 per active participant
2023$3,569 per active participant
2022$3,412 per active participant

Harmonia Holdings Group, LLC's 2024 employer contribution ran above the $2,416 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
JOHN HANCOCK USA · Recordkeeping · Investment management$41,950
THE CAPITAL GROUP INVESTMENT · Investment advisory (participants)$30,202

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$81,842 · 0.25%
2023$140,770 · 0.53%
2022$134,014 · 0.55%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 432103421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.