Plan Ledger DOL Form 5500 · updated monthly

Hasa, Inc.401(k)

HASA, INC. RETIREMENT SAVINGS PLAN · SAUGUS, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Hasa, Inc. reported $53,723 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,180 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 fell from 0.66% to 0.43%. 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 4,675th-largest of 9,483 plans among California employers on file, and 7,570th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 530 to 661 since 2022.

Plan summary
Net assets, end of year$13,447,472
Participants with balances301
Active participants661
Employer contributions$779,993
Employee contributions$1,466,169
Employer contribution per active participant$1,180
Average account balance$44,676
Benefits paid to participants$2,122,242
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 301 accts · $780K emplr
2023$11.5M · 375 accts · $698K emplr
2022$8.4M · 313 accts · $594K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,855
Investment management$14,868
Total administrative$53,723
The Hasa, Inc. 401(k) match · 2024
Employer contribution per active participant$1,180
Median for plans this size$2,416
2024$1,180 per active participant
2023$1,063 per active participant
2022$1,120 per active participant

Hasa, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
NATIONWIDE LIFE INSURANCE · Recordkeeping · Investment advisory (participants)$21,951
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,314
CREATIVE PLANNING LLC · Investment advisory (plan)$14,439

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Nationwide
2023CREATIVE PLANNING INC, Nationwide

This plan has changed recordkeepers within these filings. If you left Hasa, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,723 · 0.43%
2023$95,784 · 0.96%
2022$56,152 · 0.66%
Same employer
Similar plansManufacturing · California
Snak-King LLC CA$13.6M · 0.52%
Tonal Systems, Inc. CA$13.6M · 0.42%
Perfect 85 Degrees C, Inc. CA$13.5M · 0.58%
Caco Pacific Corporation CA$13.3M · 0.02%
Danco Anodizing, Inc CA$13.1M · 0.62%
Sonendo, Inc. CA$13.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952302297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.