Plan Ledger DOL Form 5500 · updated monthly

Hatalom Corporation401(k)

HATALOM CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Hatalom Corporation reported $15,986 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $2,783 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.

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 Florida (2,742nd of 3,644), and 11,895th of 13,661 in manufacturing. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,729,793
Participants with balances192
Active participants178
Employer contributions$495,371
Employee contributions$692,714
Employer contribution per active participant$2,783
Average account balance$19,426
Benefits paid to participants$302,228
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,986
Total administrative$15,986
The Hatalom Corporation 401(k) match · 2024
Employer contribution per active participant$2,783
Median for plans this size$1,313

Hatalom Corporation'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 · 20241
PAYCHEX, INC. · Recordkeeping$12,961

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

Administrative cost history1
2024$15,986 · 0.52%
Similar plansManufacturing · Florida
Nordis, LLC FL$3.7M · 0.71%
Medicine-On-Time, LLC FL$3.7M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 815117580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.