Plan Ledger DOL Form 5500 · updated monthly

Heilind Electronics, Inc.401(k)

HEILIND ELECTRONICS, INC. 401(K) PLAN · WILMINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Heilind Electronics, Inc. reported $60,287 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,021 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 0.15% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 557th-largest of 2,726 plans among Massachusetts employers on file, and the 612th of 4,246 in wholesale trade. In 2024, employees put in $4.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$68,173,763
Participants with balances661
Active participants1,012
Employer contributions$1,033,157
Employee contributions$4,274,060
Employer contribution per active participant$1,021
Average account balance$103,137
Benefits paid to participants$7,660,451
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$68.2M · 661 accts · $1.0M emplr
2023$62.1M · 628 accts · $979K emplr
2022$51.8M · 615 accts · $639K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,357
Investment management$53,930
Total administrative$60,287
The Heilind Electronics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,021
Median for plans this size$3,635
2024$1,021 per active participant
2023$1,035 per active participant
2022$660 per active participant

Heilind Electronics, 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$37,449
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,480
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,357

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$60,287 · 0.09%
2023$85,214 · 0.15%
2022$83,960 · 0.15%
Same employer
Similar plansWholesale Trade · Massachusetts
Azelis Americas, LLC MA$106.5M · 0.10%
Sobi, Inc MA$94.8M · 0.01%
Rochester Electronics, LLC MA$64.2M · 0.40%
North Atlantic Corp. MA$62.8M · 0.13%
Coghlin Companies, Inc. MA$57.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042534289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.