Plan Ledger DOL Form 5500 · updated monthly

Hatteras Press, Inc.401(k)

HATTERAS PRESS, INC. 401(K) RETIREMENT PLAN & TRUST · TINTON FALLS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Hatteras Press, Inc. reported $32,350 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $446 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 0.59% to 0.29%. 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 among the smaller plans on file in New Jersey (1,425th of 2,419), and 8,133rd of 13,661 in manufacturing. In 2024, employees put in $8.17 for every $1.00 the employer contributed; active participation has grown from 219 to 256 since 2022.

Plan summary
Net assets, end of year$11,651,549
Participants with balances210
Active participants256
Employer contributions$114,199
Employee contributions$932,695
Employer contribution per active participant$446
Average account balance$55,484
Benefits paid to participants$1,491,773
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 210 accts · $114K emplr
2023$10.9M · 217 accts · $89K emplr
2022$9.9M · 295 accts · $71K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,605
Investment management$8,745
Total administrative$32,350
The Hatteras Press, Inc. 401(k) match · 2024
Employer contribution per active participant$446
Median for plans this size$2,416
2024$446 per active participant
2023$393 per active participant
2022$324 per active participant

Hatteras Press, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,439
OPPENHEIMER & CO INC · Investment advisory (plan)$8,559

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$32,350 · 0.29%
2023$69,764 · 0.67%
2022$65,266 · 0.59%
Same employer
Similar plansManufacturing · New Jersey
Imtech Graphics, Inc. NJ$12.3M · 0.43%
Astor Chocolate Corp. NJ$11.7M · 0.26%
Premio Foods, Inc. NJ$11.2M · 1.31%
Aetrex, Inc. NJ$10.9M · 0.37%
Ames Rubber Corporation NJ$10.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222491250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.