Plan Ledger DOL Form 5500 · updated monthly

Healthcare Components Group Topco Inc.401(k)

HEALTHCARE COMPONENTS GROUP 401(K) PLAN · WELLESLEY, MA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Healthcare Components Group Topco Inc. reported $34,158 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $2,053 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 1 year on file its reported administrative ratio rose from 0.49% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (2,225th of 2,726), and 10,612th of 13,661 in manufacturing. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,134,531
Participants with balances137
Active participants116
Employer contributions$238,139
Employee contributions$536,149
Employer contribution per active participant$2,053
Average account balance$44,778
Benefits paid to participants$391,401
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.1M · 137 accts · $238K emplr
2023$5.2M · 139 accts · $221K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,445
Investment management$21,713
Total administrative$34,158
The Healthcare Components Group Topco Inc. 401(k) match · 2024
Employer contribution per active participant$2,053
Median for plans this size$1,313
2024$2,053 per active participant
2023$1,826 per active participant

Healthcare Components Group Topco Inc.'s 2024 employer contribution ran above 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 · 20242
MMA SECURITIES · Investment advisory (plan)$21,653
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,445

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

Administrative cost history2
2024$34,158 · 0.60%
2023$25,442 · 0.49%
Similar plansManufacturing · Massachusetts
Flour Bakery & Cafe MA$6.5M · 0.12%
Gtr Manufacturing, LLC MA$6.4M · 0.59%
Stannah Stairlifts, Inc MA$6.3M · 0.37%
Lacerta Group, LLC MA$6.3M · 0.17%
Cardiofocus, Inc. MA$6.0M · 0.28%
United Plastics MA$6.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871963357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.