Plan Ledger DOL Form 5500 · updated monthly

Hartson-Kennedy Cabinet Top Co.,In401(k)

HARTSON-KENNEDY CABINET TOP CO., INC. EMPLOYEES' SAVINGS & INCENTIVE PLAN · MARION, IN · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Hartson-Kennedy Cabinet Top Co.,In reported $23,801 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $325 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 3 years on file its reported administrative ratio has held roughly steady near 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (882nd of 1,562), and 8,645th of 13,661 in manufacturing. In 2024, employees put in $7.13 for every $1.00 the employer contributed; active participation has grown from 181 to 235 since 2022.

Plan summary
Net assets, end of year$10,308,981
Participants with balances263
Active participants235
Employer contributions$76,387
Employee contributions$544,994
Employer contribution per active participant$325
Average account balance$39,198
Benefits paid to participants$693,142
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 263 accts · $76K emplr
2023$9.4M · 254 accts · $67K emplr
2022$8.4M · 181 accts · $74K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,005
Investment management$8,796
Total administrative$23,801
The Hartson-Kennedy Cabinet Top Co.,In 401(k) match · 2024
Employer contribution per active participant$325
Median for plans this size$1,313
2024$325 per active participant
2023$309 per active participant
2022$410 per active participant

Hartson-Kennedy Cabinet Top Co.,In's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,005
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,796

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$23,801 · 0.24%
2023$21,528 · 0.24%
2022$23,798 · 0.25%
Same employer
Similar plansManufacturing · Indiana
Ottenweller Company, Inc. IN$10.7M · 0.49%
Thomas & Skinner, Inc. IN$10.7M · 0.25%
Gunite Corporation IN$10.7M · 0.47%
Aurora Casket Company, LLC IN$10.4M · 0.07%
Angola Wire Products, Inc. IN$10.0M · 0.35%
Brc Rubber Group, Inc. IN$9.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351113530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.