Plan Ledger DOL Form 5500 · updated monthly

Harper Industries, Inc.401(k)

HARPER INDUSTRIES, INC. 401(K) PLAN · HARPER, KS · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Harper Industries, Inc. reported $18,756 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,577 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 rose from 0.16% to 0.17%. 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 among the smaller plans on file in Kansas (443rd of 828), and 8,101st of 13,661 in manufacturing. In 2024, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,763,457
Participants with balances165
Active participants146
Employer contributions$230,250
Employee contributions$677,740
Employer contribution per active participant$1,577
Average account balance$71,294
Benefits paid to participants$1,359,572
Plan auditUnmodified (clean) audit opinion
AuditorALLEN GIBBS AND HOULIK, LC
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 165 accts · $230K emplr
2023$10.7M · 156 accts · $222K emplr
2022$9.4M · 155 accts · $204K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,756
Total administrative$18,756
The Harper Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,577
Median for plans this size$2,416
2024$1,577 per active participant
2023$1,562 per active participant
2022$1,434 per active participant

Harper Industries, Inc.'s 2024 employer contribution ran below 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$18,756
EVERENCE TRUST COMPANY · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$18,756 · 0.17%
2023$16,473 · 0.16%
2022$15,973 · 0.16%
Same employer
Similar plansManufacturing · Kansas
Earp Meat Company Inc KS$12.7M · 0.48%
Lowen Corporation KS$12.3M · 0.50%
Knit-Rite, LLC KS$12.1M · 0.22%
Yingling Aircraft, LLC KS$11.6M · 0.22%
STEP2 Discovery LLC KS$11.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481201370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.