Plan Ledger DOL Form 5500 · updated monthly

Haynes International, Inc.401(k)

HAYNES INTERNATIONAL, INC. COMBINED PROFIT SHARING AND SAVINGS PLAN · KOKOMO, IN · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Haynes International, Inc. reported $211,546 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,724 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 0.17% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 119th-largest of 1,562 plans among Indiana employers on file, and the 1,631st of 13,661 in manufacturing. In 2024, employees put in $2.45 for every $1.00 the employer contributed; active participation has grown from 977 to 1,164 since 2022.

Plan summary
Net assets, end of year$123,274,803
Participants with balances1,268
Active participants1,164
Employer contributions$3,171,306
Employee contributions$7,756,288
Employer contribution per active participant$2,724
Average account balance$97,220
Benefits paid to participants$17,922,324
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$123.3M · 1,268 accts · $3.2M emplr
2023$107.8M · 1,081 accts · $2.6M emplr
2022$93.2M · 1,038 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,070
Investment management$69,176
Audit (IQPA)$27,300
Total administrative$211,546
The Haynes International, Inc. 401(k) match · 2024
Employer contribution per active participant$2,724
Median for plans this size$3,635
2024$2,724 per active participant
2023$2,913 per active participant
2022$2,157 per active participant

Haynes International, Inc.'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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$129,627
OXFORD FINANCIAL GROUP LTD · Investment management$55,000
RSM US LLP · Accounting / audit$27,300

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$211,546 · 0.18%
2023$223,719 · 0.22%
2022$174,902 · 0.17%
Same employer
Similar plansManufacturing · Indiana
Kirby Risk Corporation IN$129.4M · 0.13%
Steel Warehouse Company LLC IN$128.1M · 0.36%
Forest River, Inc. IN$126.3M · 0.25%
Braun Corporation IN$122.8M · 0.17%
Hitachi Astemo Indiana, Inc. IN$120.5M · 0.22%
Dwyer Instruments, Inc. IN$117.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061185400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.