Plan Ledger DOL Form 5500 · updated monthly

Hatch Stamping Company401(k)

HATCH STAMPING COMPANY 401(K) PLAN · CHELSEA, MI · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Hatch Stamping Company reported $91,149 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $310 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 0.71% to 0.53%. 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 1,112th-largest of 2,619 plans among Michigan employers on file, and the 6,338th of 13,661 in manufacturing. In 2024, employees put in $6.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,018,807
Participants with balances699
Active participants632
Employer contributions$195,697
Employee contributions$1,367,873
Employer contribution per active participant$310
Average account balance$25,778
Benefits paid to participants$1,985,863
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 699 accts · $196K emplr
2023$16.6M · 617 accts · $65K emplr
2022$15.1M · 643 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,180
Investment management$33,969
Total administrative$91,149
The Hatch Stamping Company 401(k) match · 2024
Employer contribution per active participant$310
Median for plans this size$2,416
2024$310 per active participant
2023$106 per active participant
2022$368 per active participant

Hatch Stamping Company'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 · 20242
ADP, INC. · Loan processing · Recordkeeping$57,180
RAYMOND JAMES · Recordkeeping · Trustee$33,969

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

Recordkeeper by year2
2024ADP, Raymond James
2023ADP

This plan has changed recordkeepers within these filings. If you left Hatch Stamping Company 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$91,149 · 0.53%
2023$91,448 · 0.58%
2022$118,049 · 0.71%
Same employer
Similar plansManufacturing · Michigan
Eos of North America, Inc. MI$18.3M · 0.20%
Wirtz Holding Company, Inc. MI$18.1M · 0.53%
Roberts Sinto Corporation MI$18.0M · 0.29%
Knight Ergonomics, LTD. MI$18.0M · 0.73%
Ionbond LLC MI$17.9M · 0.37%
Jost International Corp. MI$17.9M · 0.37%
BAE Industries, Inc MI$17.8M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381781598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.