Plan Ledger DOL Form 5500 · updated monthly

Hartzell Industries, Inc.401(k)

HARTZELL COMPANIES 401(K) PLAN · PIQUA, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Hartzell Industries, Inc. reported $29,835 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,503 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 0.11% to 0.15%. 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 the 1,307th-largest of 3,295 plans among Ohio employers on file, and the 5,865th of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 250 to 290 since 2022.

Plan summary
Net assets, end of year$20,354,588
Participants with balances384
Active participants290
Employer contributions$725,920
Employee contributions$1,473,755
Employer contribution per active participant$2,503
Average account balance$53,007
Benefits paid to participants$4,047,784
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 384 accts · $726K emplr
2023$19.7M · 331 accts · $482K emplr
2022$17.7M · 315 accts · $421K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,835
Total administrative$29,835
The Hartzell Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,503
Median for plans this size$2,416
2024$2,503 per active participant
2023$1,869 per active participant
2022$1,685 per active participant

Hartzell Industries, Inc.'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 · 20243
CAPFINANCIAL PARTNERS,LLCindirect comp
LATITUDE SERVICE COMPANY INC · Other servicesindirect comp
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)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$29,835 · 0.15%
2023$20,210 · 0.11%
2022$21,028 · 0.11%
Same employer
Similar plansManufacturing · Ohio
Merit Brass Co. OH$20.5M · 0.55%
Biery Cheese Company OH$20.4M · 0.41%
Cattron North America OH$20.4M · 0.36%
Libra Industries OH$20.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310674874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.