Plan Ledger DOL Form 5500 · updated monthly

Hartzell Engine Technologies, LLC401(k)

HARTZELL ENGINE TECHNOLOGIES, LLC 401(K) RETIREMENT SAVINGS PLAN · PIQUA, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Hartzell Engine Technologies, LLC reported $24,056 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,013 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 0.275%. 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 Ohio (2,014th of 3,295), and 8,933rd of 13,661 in manufacturing. In 2024, employees put in $1.08 for every $1.00 the employer contributed; active participation has grown from 118 to 162 since 2022.

Plan summary
Net assets, end of year$9,714,361
Participants with balances186
Active participants162
Employer contributions$650,174
Employee contributions$700,575
Employer contribution per active participant$4,013
Average account balance$52,228
Benefits paid to participants$852,755
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 186 accts · $650K emplr
2023$7.8M · 147 accts · $495K emplr
2022$5.9M · 142 accts · $418K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,649
Investment management$9,560
Total administrative$24,056
The Hartzell Engine Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$4,013
Median for plans this size$1,313
2024$4,013 per active participant
2023$4,306 per active participant
2022$3,543 per active participant

Hartzell Engine Technologies, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$6,752
HARTZELL PROPELLER INC$3,847
EMPOWER ADVISORY GROUP, LLC · Investment management$2,808

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$24,056 · 0.27%
2023$7,268 · 0.11%
2022$16,677 · 0.27%
Similar plansManufacturing · Ohio
Workstream, Inc. OH$9.7M · 0.69%
Pro-Pak Industries, Inc. OH$9.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273462577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.