Plan Ledger DOL Form 5500 · updated monthly

Heat and Control, Inc.401(k)

HEAT AND CONTROL, INC. PROFIT-SHARING AND 401(K) SAVINGS PLAN · HAYWARD, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Heat and Control, Inc. reported $23,332 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,591 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 3 years on file its reported administrative ratio has held roughly steady near 0.023%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 949th-largest of 9,483 plans among California employers on file, and the 1,826th of 13,661 in manufacturing. In 2024, employees put in $4.69 for every $1.00 the employer contributed; active participation has grown from 661 to 772 since 2022.

Plan summary
Net assets, end of year$106,261,993
Participants with balances601
Active participants772
Employer contributions$1,227,994
Employee contributions$5,760,625
Employer contribution per active participant$1,591
Average account balance$176,809
Benefits paid to participants$4,717,303
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$106.3M · 601 accts · $1.2M emplr
2023$92.8M · 558 accts · $1.4M emplr
2022$80.2M · 525 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,950
Investment management$19,382
Total administrative$23,332
The Heat and Control, Inc. 401(k) match · 2024
Employer contribution per active participant$1,591
Median for plans this size$3,635
2024$1,591 per active participant
2023$1,977 per active participant
2022$1,834 per active participant

Heat and Control, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 20241
JOHN HANCOCK · Recordkeeping · Loan processing$23,332

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$23,332 · 0.02%
2023$20,130 · 0.02%
2022$19,198 · 0.02%
Same employer
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Arc Document Solutions, Inc CA$111.8M · 0.18%
Byer California CA$110.8M · 0.47%
California Dairies, Inc. CA$106.6M · 0.17%
J-M Manfacturing Co., Inc CA$106.2M · 0.27%
Shockwave Medical, Inc. CA$105.5M · 0.14%
Ampac Fine Chemicals LLC CA$105.4M · 0.21%
Fluidra North America CA$105.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941150095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.