Haun Welding Supply, Inc401(k)
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. · SYRACUSE, NY · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Haun Welding Supply, Inc reported $94,661 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $713 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 0.31% to 0.36%. 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 2,127th-largest of 5,648 plans among New York employers on file, and the 1,505th of 4,246 in wholesale trade. In 2024, employees put in $7.04 for every $1.00 the employer contributed; active participation has grown from 285 to 316 since 2022.
Haun Welding Supply, 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 150600299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.