Plan Ledger DOL Form 5500 · updated monthly

Headwaters Salons, LLC401(k)

HEADWATERS SALONS, LLC 401(K) PLAN · MONTANA CITY, MT · plan year 2024

Reported admin expense ratio · 2024
1.42%

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

Headwaters Salons, LLC reported $43,993 in plan administrative expenses for 2024: 1.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,188 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 1.13% to 1.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Montana (189th of 229), and 2,590th of 3,341 in other services. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,367,563
Participants with balances287
Active participants182
Employer contributions$216,256
Employee contributions$301,223
Employer contribution per active participant$1,188
Average account balance$11,734
Benefits paid to participants$353,267
Plan auditUnmodified (clean) audit opinion
AuditorJCCS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 287 accts · $216K emplr
2023$2.8M · 295 accts · $216K emplr
2022$2.1M · 274 accts · $206K emplr
Administrative expenses, itemized · 2024
Investment management$17,428
Trustee / custodial$26,565
Total administrative$43,993
The Headwaters Salons, LLC 401(k) match · 2024
Employer contribution per active participant$1,188
Median for plans this size$1,313
2024$1,188 per active participant
2023$1,254 per active participant
2022$1,136 per active participant

Headwaters Salons, LLC's 2024 employer contribution ran below the $1,313 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
AT RETIREMENT SERVICES, LLC · Claims processing · Recordkeeping$26,565
CREATIVE PLANNING, INC. · Investment advisory (participants) · Investment advisory (plan)$17,428
JCCS, P.C. · Accounting / auditindirect comp

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

Recordkeeper by year2
2024AT RETIREMENT SERVICES, LLC
2023AT RETIREMENT SERVICES, LLC

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Administrative cost history3
2024$43,993 · 1.42%
2023$52,907 · 2.16%
2022$23,618 · 1.13%
Similar plansOther Services · Montana
Nwestco LLC MT$8.0M · 0.54%
Fiocchi of America, Inc. MO$3.4M · 0.11%
Makson, Inc NC$3.4M · 1.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810532833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.