Plan Ledger DOL Form 5500 · updated monthly

Hayward Tyler, Inc.401(k)

HAYWARD TYLER INC. 401(K) PLAN · COLCHESTER, VT · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Hayward Tyler, Inc. reported $65,864 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,479 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 fell from 0.38% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 76th-largest of 230 plans among Vermont employers on file, and the 5,097th of 13,661 in manufacturing. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has grown from 147 to 170 since 2022.

Plan summary
Net assets, end of year$25,160,948
Participants with balances204
Active participants170
Employer contributions$591,467
Employee contributions$1,490,392
Employer contribution per active participant$3,479
Average account balance$123,338
Benefits paid to participants$2,927,131
Plan auditUnmodified (clean) audit opinion
AuditorMCSOLEY, MCCOY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 204 accts · $591K emplr
2023$22.2M · 192 accts · $589K emplr
2022$17.5M · 174 accts · $485K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,163
Investment management$8,118
Total administrative$65,864
The Hayward Tyler, Inc. 401(k) match · 2024
Employer contribution per active participant$3,479
Median for plans this size$2,416
2024$3,479 per active participant
2023$3,901 per active participant
2022$3,300 per active participant

Hayward Tyler, Inc.'s 2024 employer contribution ran above the $2,416 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
MORGAN STANLEY · Investment advisory (plan)$38,584
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,162
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,118

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$65,864 · 0.28%
2023$69,641 · 0.35%
2022$71,137 · 0.38%
Same employer
Similar plansManufacturing · Vermont
Nolato Gw, Inc. VT$45.9M · 0.14%
G. S. Precision, Inc. VT$35.3M · 0.35%
Beta Technologies VT$32.6M · 0.48%
Foodscience, LLC VT$20.7M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030259877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.