Plan Ledger DOL Form 5500 · updated monthly

Haynes Group Inc.401(k)

HAYNES GROUP INCORPORATED 401(K) PROFIT SHARING PLAN · OXFORD, CT · plan year 2022

Reported admin expense ratio · 2022
0.46%

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

Haynes Group Inc. reported $30,258 in plan administrative expenses for 2022: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,617 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 0.46% to 0.51%. 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 Connecticut (878th of 1,106), and 3,788th of 5,337 in construction. In 2022, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,949,866
Participants with balances132
Active participants96
Employer contributions$155,234
Employee contributions$356,068
Employer contribution per active participant$1,617
Average account balance$45,075
Benefits paid to participants$389,413
Plan auditUnmodified (clean) audit opinion
AuditorNICOLA, YESTER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 67 accts · $121K emplr
2023$5.1M · 104 accts · $148K emplr
2022$5.9M · 132 accts · $155K emplr
The Haynes Group Inc. 401(k) match · 2022
Employer contribution per active participant$1,617
Median for plans this size$1,114
2024$3,019 per active participant
2023$2,236 per active participant
2022$1,617 per active participant

Haynes Group 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.

Recordkeeper by year2
2024ADP, LRI INVESTMENTS LLC, M. HOLDINGS SECURITIES, INC.
2023ADP, M. HOLDINGS SECURITIES, INC.

This plan has changed recordkeepers within these filings. If you left Haynes Group Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,008 · 0.51%
2023$29,243 · 0.53%
2022$30,258 · 0.46%
Similar plansConstruction · Connecticut
Nosal Builders, Inc. CT$8.0M · 0.26%
Advance Resources, LLC CT$2.5M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061244852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.