Plan Ledger DOL Form 5500 · updated monthly

Hazen Research, Inc.401(k)

HAZEN RESEARCH, INC. 401(K) RETIREMENT SAVINGS PLAN · GOLDEN, CO · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Hazen Research, Inc. reported $54,604 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,164 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 0.35% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 648th-largest of 1,461 plans among Colorado employers on file, and 6,583rd of 11,654 in professional & technical services. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 92 to 129 since 2022.

Plan summary
Net assets, end of year$14,912,437
Participants with balances173
Active participants129
Employer contributions$279,166
Employee contributions$492,158
Employer contribution per active participant$2,164
Average account balance$86,199
Benefits paid to participants$1,745,055
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 173 accts · $279K emplr
2023$14.0M · 161 accts · $236K emplr
2022$13.3M · 129 accts · $32K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,604
Total administrative$54,604
The Hazen Research, Inc. 401(k) match · 2024
Employer contribution per active participant$2,164
Median for plans this size$2,416
2024$2,164 per active participant
2023$2,089 per active participant
2022$344 per active participant

Hazen Research, Inc.'s 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$54,603
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$54,604 · 0.38%
2023$55,641 · 0.41%
2022$53,004 · 0.35%
All plans at this employer2
HAZEN RESEARCH, INC. EMPLOYEES' STOCK OWNERSHIP PLAN AND TRUSTESOP
HAZEN RESEARCH, INC. 401(K) RETIREMENT SAVINGS PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 840511412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.