Plan Ledger DOL Form 5500 · updated monthly

Hassell & Hughes Lumber Company, Inc.401(k)

HASSELL & HUGHES LUMBER COMPANY, INC. 401(K) PROFIT SHARING PLAN AND TRUST · COLLINWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Hassell & Hughes Lumber Company, Inc. reported $50,378 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,788 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 0.68% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Tennessee (1,104th of 1,496), and 3,698th of 4,246 in wholesale trade. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,574,993
Participants with balances89
Active participants84
Employer contributions$150,209
Employee contributions$224,041
Employer contribution per active participant$1,788
Average account balance$51,404
Benefits paid to participants$753,320
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 89 accts · $150K emplr
2023$4.4M · 93 accts · $147K emplr
2022$3.5M · 87 accts · $136K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,378
Total administrative$50,378
The Hassell & Hughes Lumber Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,788
Median for plans this size$1,313
2024$1,788 per active participant
2023$1,689 per active participant
2022$1,654 per active participant

Hassell & Hughes Lumber Company, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
TRANSAMERICA RETIRMENT SOLUTIONS LL · Recordkeeping · Loan processing$17,334
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$1,325
RAYMOND JAMES AND ASSOCIATES, INC. · Investment advisory (plan)$13,072
ENVESTNET RETIREMENT SOLUTIONS LLC · Investment advisory (plan)$2,615

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,378 · 1.12%
2023$28,429 · 0.72%
2022$26,542 · 0.68%
Same employer
Similar plansWholesale Trade · Tennessee
Rogers Petroleum, Inc. TN$6.1M · 0.43%
Pella Tennessee, LLC TN$6.0M · 0.69%
Hyosung Hico, LTD TN$5.8M · 0.41%
M&A Supply Company, Inc. TN$4.1M · 0.68%
Del Conca USA, Inc. TN$4.0M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620228798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.