Plan Ledger DOL Form 5500 · updated monthly

Hayden Valley Foods, Inc.401(k)

HAYDEN VALLEY FOODS EMPLOYEES RETIREMENT PLAN · URBANCREST, OH · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Hayden Valley Foods, Inc. reported $22,816 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $394 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 1.10%. 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 Ohio (3,000th of 3,295), and 12,766th of 13,661 in manufacturing. In 2024, employees put in $4.88 for every $1.00 the employer contributed; active participation has grown from 102 to 142 since 2022.

Plan summary
Net assets, end of year$2,133,201
Participants with balances131
Active participants142
Employer contributions$56,004
Employee contributions$273,085
Employer contribution per active participant$394
Average account balance$16,284
Benefits paid to participants$439,975
Plan auditUnmodified (clean) audit opinion
AuditorHIRTH NORRIS & GARRISON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 131 accts · $56K emplr
2023$2.0M · 127 accts · $53K emplr
2022$1.6M · 110 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,809
Investment management$7
Total administrative$22,816
The Hayden Valley Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$394
Median for plans this size$1,313
2024$394 per active participant
2023$515 per active participant
2022$484 per active participant

Hayden Valley Foods, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,809

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$22,816 · 1.10%
2023$19,792 · 1.10%
2022$18,998 · 1.06%
Similar plansManufacturing · Ohio
Produce Packaging, Inc. OH$2.2M · 0.14%
Hopkins Printing, Inc. OH$2.1M · 0.05%
Sun America LLC OH$2.0M · 0.75%
Fry Foods, Inc. OH$2.0M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311108457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.