Plan Ledger DOL Form 5500 · updated monthly

Hawkins, Inc.401(k)

HAWKINS, INC. PROFIT SHARING PLAN · ROSEVILLE, MN · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Hawkins, Inc. reported $144,888 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $5,907 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 0.14% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 215th-largest of 1,918 plans among Minnesota employers on file, and the 1,502nd of 13,661 in manufacturing. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$138,791,758
Participants with balances1,111
Active participants888
Employer contributions$5,245,351
Employee contributions$6,968,037
Employer contribution per active participant$5,907
Average account balance$124,925
Benefits paid to participants$16,921,761
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$138.8M · 1,111 accts · $5.2M emplr
2023$124.9M · 943 accts · $4.5M emplr
2022$102.0M · 937 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,888
Total administrative$144,888
The Hawkins, Inc. 401(k) match · 2024
Employer contribution per active participant$5,907
Median for plans this size$3,635
2024$5,907 per active participant
2023$5,469 per active participant
2022$5,093 per active participant

Hawkins, Inc.'s 2024 employer contribution ran above the $3,635 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
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Participant communication$144,888
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024MATRIX TRUST COMPANY, OneAmerica
2023MATRIX TRUST COMPANY, OneAmerica

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

Administrative cost history3
2024$144,888 · 0.11%
2023$131,325 · 0.12%
2022$152,217 · 0.14%
All plans at this employer3
HAWKINS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
HAWKINS, INC. PROFIT SHARING PLAN401(k)
HAWKINS, INC. RETIREMENT PLAN FOR CERTAIN COLLECTIVELY BARGAINED EMPLOYEES401(k)
Same employer
Similar plansManufacturing · Minnesota
Polar Semiconductor, LLC MN$148.7M · 0.07%
Buhler Inc. MN$147.0M · 0.01%
Cambria Company LLC MN$144.9M · 0.06%
Digi International, Inc. MN$143.1M · 0.09%
Jostens, Inc. MN$136.3M · 0.14%
Miller Waste Mills, Inc. MN$130.0M · 0.13%
Cemstone Products Company MN$129.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410771293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.