Plan Ledger DOL Form 5500 · updated monthly

Hatchett Corporate LLC401(k)

HATCHETT CORPORATE, LLC 401(K) RETIREMENT PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Hatchett Corporate LLC reported $89,168 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,724 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 0.40% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Kansas (429th of 828), and the 2,187th of 5,215 in retail trade. In 2024, employees put in $3.06 for every $1.00 the employer contributed; active participation has shrunk from 189 to 166 since 2022.

Plan summary
Net assets, end of year$12,645,115
Participants with balances205
Active participants166
Employer contributions$286,207
Employee contributions$875,338
Employer contribution per active participant$1,724
Average account balance$61,683
Benefits paid to participants$2,230,073
Plan auditUnmodified (clean) audit opinion
AuditorSWINDOLL, JANZEN, HAWK & LOYD, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 205 accts · $286K emplr
2023$12.0M · 193 accts · $280K emplr
2022$11.0M · 186 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,168
Total administrative$89,168
The Hatchett Corporate LLC 401(k) match · 2024
Employer contribution per active participant$1,724
Median for plans this size$2,416
2024$1,724 per active participant
2023$1,929 per active participant
2022$1,380 per active participant

Hatchett Corporate LLC's 2024 employer contribution ran below the $2,416 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 · 20246
HIGHTOWER ADVISORS LLC · Investment advisory (plan)$59,681
SWINDOLL JANZEN HAWK AND LOYD LLC · Accounting / audit$7,859
ECONOMIC GROUP PENSION SERVICES · Contract administrator$4,600
ENVESTNET RETIREMENT SOLUTIONS, LLC$2,387
EMPOWER ADVISORY GROUP, LLC · Investment management$2,243

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$89,168 · 0.72%
2023$79,955 · 0.69%
2022$44,033 · 0.40%
Same employer
Similar plansRetail Trade · Kansas
Purple Wave, Inc. KS$16.7M · 0.04%
Auburn Pharmacies, Inc. KS$15.6M · 0.35%
Laird Noller Ford, Inc. KS$11.3M · 0.44%
It's Greek to Me, Inc. KS$11.2M · 0.54%
Star Transport, LLC KS$10.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873188109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.