Plan Ledger DOL Form 5500 · updated monthly

Hawley, LLC401(k)

HAWLEY, LLC 401(K) PLAN 001 · LEXINGTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Hawley, LLC reported $35,194 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,271 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 0.87% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in South Carolina (623rd of 807), and 3,849th of 4,246 in wholesale trade. In 2024, employees put in $4.01 for every $1.00 the employer contributed; active participation has shrunk from 84 to 50 since 2022.

Plan summary
Net assets, end of year$3,643,617
Participants with balances142
Active participants50
Employer contributions$63,569
Employee contributions$255,175
Employer contribution per active participant$1,271
Average account balance$25,659
Benefits paid to participants$589,985
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 142 accts · $64K emplr
2023$3.5M · 153 accts · $105K emplr
2022$2.8M · 142 accts · $108K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,979
Investment management$18,215
Total administrative$35,194
The Hawley, LLC 401(k) match · 2024
Employer contribution per active participant$1,271
Median for plans this size$1,313
2024$1,271 per active participant
2023$1,686 per active participant
2022$1,286 per active participant

Hawley, LLC's 2024 employer contribution ran below 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$16,979
FIRST COMMUNITY BANK · Investment advisory (plan)$18,215

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$35,194 · 0.98%
2023$32,780 · 1.04%
2022$30,586 · 0.87%
Similar plansWholesale Trade · South Carolina
The Climatic Corporation SC$4.0M · 0.66%
Penshurst Trading Inc. SC$3.9M · 0.23%
Marolina Outdoor Inc. SC$3.6M · 0.13%
Cans Unlimited Inc. SC$3.4M · 0.10%
Formel D USA, Inc. SC$2.9M · 1.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274406564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.