Plan Ledger DOL Form 5500 · updated monthly

Hartzell Propeller, Inc.401(k)

HARTZELL PROPELLER, INC. 401(K) PROFIT SHARING PLAN · PIQUA, OH · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Hartzell Propeller, Inc. reported $168,709 in plan administrative expenses for 2023: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,071 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 0.17% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 480th-largest of 3,295 plans among Ohio employers on file, and the 2,408th of 13,661 in manufacturing. In 2023, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$72,197,655
Participants with balances500
Active participants413
Employer contributions$2,920,447
Employee contributions$3,198,911
Employer contribution per active participant$7,071
Average account balance$144,395
Benefits paid to participants$3,302,152
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.5M · 488 accts · $2.7M emplr
2023$72.2M · 500 accts · $2.9M emplr
2022$58.9M · 450 accts · $2.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$75,887
Investment management$92,822
Total administrative$168,709
The Hartzell Propeller, Inc. 401(k) match · 2023
Employer contribution per active participant$7,071
Median for plans this size$3,659
2024$6,517 per active participant
2023$7,071 per active participant
2022$6,431 per active participant

Hartzell Propeller, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$80,960
EMPOWER ADVISORY GROUP, LLC · Investment management$11,862

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$151,469 · 0.22%
2023$168,709 · 0.26%
2022$111,822 · 0.17%
Similar plansManufacturing · Ohio
Heidtman Steel Products OH$75.3M · 0.31%
Newman Technology, Inc. OH$71.5M · 0.06%
Webster Industries, Inc. OH$70.8M · 0.08%
Norwood Medical, LLC OH$70.3M · 0.14%
Contitech USA, Inc. OH$70.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311258121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.