Plan Ledger DOL Form 5500 · updated monthly

Hayes Beer Distributing Company401(k)

HAYES BEER DISTRIBUTING COMPANY PROFIT SHARING PLAN AND TRUST · ALSIP, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Hayes Beer Distributing Company reported $1,285 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,731 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 0.006% to 0.007%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,753rd-largest of 3,702 plans among Illinois employers on file, and the 2,004th of 4,246 in wholesale trade. In 2024, the employer put in $6.29 for every $1.00 employees contributed themselves; active participation has grown from 84 to 97 since 2022.

Plan summary
Net assets, end of year$18,740,923
Participants with balances103
Active participants97
Employer contributions$652,908
Employee contributions$103,881
Employer contribution per active participant$6,731
Average account balance$181,951
Benefits paid to participants$753,253
Plan auditUnmodified (clean) audit opinion
AuditorEIFEL RAMBO ADVISORY GROUP, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 103 accts · $653K emplr
2023$17.1M · 101 accts · $549K emplr
2022$15.0M · 129 accts · $512K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,280
Investment management$5
Total administrative$1,285
The Hayes Beer Distributing Company 401(k) match · 2024
Employer contribution per active participant$6,731
Median for plans this size$2,416
2024$6,731 per active participant
2023$6,309 per active participant
2022$6,097 per active participant

Hayes Beer Distributing Company'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.

Service providers · 20241
AMERICAN FUNDS RETIREMENT SERVICES · Recordkeeping · Loan processing$1,280

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

Recordkeeper by year2
2024AMERICAN FUNDS RETIREMENT SERVICES
2023AMERICAN FUNDS RETIREMENT SERVICES

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

Administrative cost history3
2024$1,285 · 0.01%
2023$1,187 · 0.01%
2022$1,115 · 0.01%
Same employer
Similar plansWholesale Trade · Illinois
Burke Beverage, Inc. IL$18.8M · 0.24%
The Cary Company IL$18.5M · 0.69%
Vzl Staffing Services, LLC IL$18.5M · 0.93%
Headco Industries, Inc. IL$18.4M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362524784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.