Plan Ledger DOL Form 5500 · updated monthly

Hatfield and Company, Inc.401(k)

HATFIELD AND COMPANY, INC. 401(K) PROFIT SHARING PLAN · ROCKWALL, TX · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Hatfield and Company, Inc. reported $88,061 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,243 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 0.41% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,075th-largest of 5,688 plans among Texas employers on file, and the 1,948th of 4,246 in wholesale trade. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has grown from 120 to 141 since 2022.

Plan summary
Net assets, end of year$19,361,909
Participants with balances125
Active participants141
Employer contributions$457,219
Employee contributions$1,430,945
Employer contribution per active participant$3,243
Average account balance$154,895
Benefits paid to participants$1,262,569
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 125 accts · $457K emplr
2023$16.4M · 115 accts · $422K emplr
2022$15.9M · 125 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,633
Investment management$49,428
Total administrative$88,061
The Hatfield and Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,243
Median for plans this size$2,416
2024$3,243 per active participant
2023$3,578 per active participant
2022$3,008 per active participant

Hatfield and Company, Inc.'s 2024 employer contribution ran above 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPAN · Recordkeeping$1,384
EDWARD D JONES & CO LP · Investment advisory (participants)indirect comp
WILLSHIRE ASSOCIATES INC · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$88,061 · 0.49%
2023$67,521 · 0.42%
2022$69,430 · 0.41%
All plans at this employer2
HATFIELD AND COMPANY, INC. 401(K) PROFIT SHARING PLAN401(k)
HATFIELD AND COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · Texas
M. Lipsitz & Co., LTD. TX$19.5M · 0.07%
R.E. Sweeney Company, Inc. TX$19.5M · 0.10%
Synergy Enterprises, Inc. TX$19.2M · 0.40%
I-Pro Americas Inc. TX$19.1M · 0.02%
David Sutherland, LLC TX$18.5M · 0.72%
McCoy-Rockford, Inc. TX$17.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741646507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.