Plan Ledger DOL Form 5500 · updated monthly

Hausner Hard Chrome, Inc.401(k)

HAUSNER HARD CHROME 401(K) PROFIT SHARING PLAN · OWENSBORO, KY · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Hausner Hard Chrome, Inc. reported $24,083 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,379 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 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (547th of 871), and 9,772nd of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,771,295
Participants with balances145
Active participants116
Employer contributions$159,988
Employee contributions$334,396
Employer contribution per active participant$1,379
Average account balance$53,595
Benefits paid to participants$875,922
Plan auditUnmodified (clean) audit opinion
AuditorHARDING, SHYMANSKI & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 145 accts · $160K emplr
2023$7.7M · 137 accts · $150K emplr
2022$6.4M · 137 accts · $117K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,801
Investment management$11,282
Total administrative$24,083
The Hausner Hard Chrome, Inc. 401(k) match · 2024
Employer contribution per active participant$1,379
Median for plans this size$1,313
2024$1,379 per active participant
2023$1,301 per active participant
2022$1,063 per active participant

Hausner Hard Chrome, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,801
OLD NATIONAL WEALTH MANAGEMENT · Investment advisory (plan)$11,282

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$24,083 · 0.31%
2023$44,283 · 0.63%
2022$37,017 · 0.59%
Similar plansManufacturing · Kentucky
Whitworth Tool, Inc. KY$7.8M · 0.69%
B & H Tool Works, Inc KY$7.6M · 0.03%
Pegasus Industries, LLC KY$6.6M · 0.66%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362675463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.