Plan Ledger DOL Form 5500 · updated monthly

Hemlock Semiconductor Operations LLCStock bonus plan

HEMLOCK SEMICONDUCTOR OPERATIONS LLC EMPLOYEES' CAPITAL ACCUMULATION PLAN · HEMLOCK, MI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Hemlock Semiconductor Operations LLC reported $177,129 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $6,277 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 0.05% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 95th-largest of 2,619 plans among Michigan employers on file, and the 780th of 13,661 in manufacturing. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$339,745,231
Participants with balances1,977
Active participants1,513
Employer contributions$9,497,136
Employee contributions$14,280,288
Employer contribution per active participant$6,277
Average account balance$171,849
Benefits paid to participants$13,760,312
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$339.7M · 1,977 accts · $9.5M emplr
2023$288.4M · 1,882 accts · $8.9M emplr
2022$233.6M · 1,761 accts · $7.3M emplr
Employer contributions to the Hemlock Semiconductor Operations LLC plan · 2024
Employer contribution per active participant$6,277
Median for plans this size$4,294
2024$6,277 per active participant
2023$6,078 per active participant
2022$5,231 per active participant

Hemlock Semiconductor Operations LLC's 2024 employer contribution ran above the $4,294 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$54,550
VANGUARD ADVISERS INC. · Investment advisory (participants)$140,329

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$177,129 · 0.06%
2023$147,401 · 0.06%
2022$128,979 · 0.05%
Same employer
Similar plansManufacturing · Michigan
Roush Industries, Inc. MI$366.5M · 0.11%
La-Z-Boy Incorporated MI$351.3M · 0.23%
Trelleborg Corporation MI$322.2M · 0.15%
Carhartt, Inc. MI$300.4M · 0.08%
Zf Passive Safety US Inc. MI$298.8M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382236227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.