Plan Ledger DOL Form 5500 · updated monthly

Hazelett Strip-Casting Corporation401(k)

HAZELETT STRIP-CASTING CORPORATION PROFIT SHARING · COLCHESTER, VT · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Hazelett Strip-Casting Corporation reported $37,258 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,717 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 0.16% to 0.13%. 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 63rd-largest of 230 plans among Vermont employers on file, and the 4,486th of 13,661 in manufacturing. In 2024, employees put in $2.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,030,118
Participants with balances175
Active participants149
Employer contributions$404,850
Employee contributions$994,551
Employer contribution per active participant$2,717
Average account balance$171,601
Benefits paid to participants$3,552,926
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 175 accts · $405K emplr
2023$27.8M · 176 accts · $374K emplr
2022$24.8M · 170 accts · $407K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,234
Investment management$27,024
Total administrative$37,258
The Hazelett Strip-Casting Corporation 401(k) match · 2024
Employer contribution per active participant$2,717
Median for plans this size$2,416
2024$2,717 per active participant
2023$2,752 per active participant
2022$2,952 per active participant

Hazelett Strip-Casting Corporation'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 · 20242
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$27,024

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$37,258 · 0.13%
2023$33,793 · 0.13%
2022$47,748 · 0.16%
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%
Hayward Tyler, Inc. VT$25.2M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 030197228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.