Plan Ledger DOL Form 5500 · updated monthly

Hayes Pipe Supply, Inc.401(k)

HAYES PIPE SUPPLY, INC. 401K PROFIT SHARING PLAN · NASHVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Hayes Pipe Supply, Inc. reported $35,243 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,565 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Tennessee (943rd of 1,496), and 3,505th of 5,337 in construction. In 2022, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,349,503
Participants with balances89
Active participants100
Employer contributions$156,528
Employee contributions$506,047
Employer contribution per active participant$1,565
Average account balance$82,579
Benefits paid to participants$257,217
Plan auditUnmodified (clean) audit opinion
AuditorDEMPSEY VANTREASE & FOLLIS, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$550
Total administrative$35,243
The Hayes Pipe Supply, Inc. 401(k) match · 2022
Employer contribution per active participant$1,565
Median for plans this size$1,114

Hayes Pipe Supply, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$35,243 · 0.47%
Similar plansConstruction · Tennessee
The Comfort Group, Inc TN$9.5M · 0.08%
Bonded Filter Co. LLC TN$7.8M · 0.91%
Jones Contractors Inc. TN$7.3M · 0.22%
Maymead, Inc. TN$6.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620900976 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.