Plan Ledger DOL Form 5500 · updated monthly

Hawthorne Machinery Co., a California Corp401(k)

HAWTHORNE CAT 401(K) RETIREMENT PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Hawthorne Machinery Co., a California Corp reported $136,026 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,478 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 0.27% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,590th-largest of 9,483 plans among California employers on file, and the 250th of 2,096 in real estate & leasing. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,253,929
Participants with balances678
Active participants536
Employer contributions$1,328,213
Employee contributions$3,795,664
Employer contribution per active participant$2,478
Average account balance$84,445
Benefits paid to participants$5,357,861
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.3M · 678 accts · $1.3M emplr
2023$50.8M · 663 accts · $1.2M emplr
2022$42.9M · 657 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,550
Investment management$64,476
Total administrative$136,026
The Hawthorne Machinery Co., a California Corp 401(k) match · 2024
Employer contribution per active participant$2,478
Median for plans this size$3,635
2024$2,478 per active participant
2023$2,260 per active participant
2022$2,075 per active participant

Hawthorne Machinery Co., a California Corp's 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$71,550
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$64,476

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$136,026 · 0.25%
2023$112,146 · 0.24%
2022$131,113 · 0.27%
Same employer
Similar plansReal Estate & Leasing · California
Rockwood Capital, LLC CA$61.1M · 0.20%
H.G. Fenton Company CA$58.2M · 0.21%
Realty Income Corporation CA$55.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951583539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.