Plan Ledger DOL Form 5500 · updated monthly

Hawkswood, Inc.401(k)

HAWKSWOOD, INC. 401(K) PLAN · EATONTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Hawkswood, Inc. reported $41,159 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $4,297 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 3 years on file its reported administrative ratio has held roughly steady near 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,020th-largest of 2,419 plans among New Jersey employers on file, and the 1,539th of 3,091 in educational services. In 2024, the employer put in $1.48 for every $1.00 employees contributed themselves; active participation has grown from 188 to 209 since 2022.

Plan summary
Net assets, end of year$21,847,294
Participants with balances239
Active participants209
Employer contributions$897,986
Employee contributions$606,202
Employer contribution per active participant$4,297
Average account balance$91,411
Benefits paid to participants$1,884,030
Plan auditUnmodified (clean) audit opinion
AuditorHOLMAN FRENIA ALLISON PC
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 239 accts · $898K emplr
2023$19.9M · 218 accts · $1.3M emplr
2022$16.6M · 218 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,159
Total administrative$41,159
The Hawkswood, Inc. 401(k) match · 2024
Employer contribution per active participant$4,297
Median for plans this size$2,416
2024$4,297 per active participant
2023$6,560 per active participant
2022$7,537 per active participant

Hawkswood, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$41,159 · 0.20%
2023$40,432 · 0.22%
2022$28,887 · 0.19%
Same employer
Similar plansEducational Services · New Jersey
Ranney School NJ$25.4M · 0.19%
Yeshiva of North Jersey NJ$21.3M · 0.20%
The Elisabeth Morrow School NJ$21.0M · 0.37%
P.G. Chambers School, Inc. NJ$20.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272303310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.