Plan Ledger DOL Form 5500 · updated monthly

Hathway, Inc.401(k)

HATHWAY, INC. 401(K) PLAN · SAN LUIS OBISPO, CA · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Hathway, Inc. reported $4,360 in plan administrative expenses for 2022: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,239 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 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,376th of 9,483), and 10,158th of 11,654 in professional & technical services. In 2022, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,025,036
Participants with balances194
Active participants240
Employer contributions$537,383
Employee contributions$1,625,367
Employer contribution per active participant$2,239
Average account balance$20,748
Benefits paid to participants$277,034
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$4.0M · 194 accts · $537K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,360
Total administrative$4,360
The Hathway, Inc. 401(k) match · 2022
Employer contribution per active participant$2,239
Median for plans this size$1,114

Hathway, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$4,360 · 0.13%
Similar plansProfessional & Technical Services · California
Scale Media Inc CA$4.1M · 0.49%
Sensis, Inc. CA$4.1M · 1.85%
Betterworks Systems, Inc. CA$4.1M · 0.04%
Bacchus Management Group CA$4.0M · 0.15%
Truebinding, Inc. CA$4.0M · 0.17%
Cavallo Point LLC CA$4.0M · 0.87%
Mercy for Animals CA$4.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464483307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.