Plan Ledger DOL Form 5500 · updated monthly

Hensley & Company401(k)

HENSLEY & COMPANY PROFIT SHARING PLAN AND TRUST · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Hensley & Company reported $18,650 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,123 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 0.02% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other wholesale trade employers. By assets it is the 140th-largest of 1,285 plans among Arizona employers on file, and the 525th of 4,246 in wholesale trade. In 2023, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$78,361,621
Participants with balances1,106
Active participants1,513
Employer contributions$1,699,591
Employee contributions$2,938,662
Employer contribution per active participant$1,123
Average account balance$70,851
Benefits paid to participants$7,956,106
Plan auditUnmodified (clean) audit opinion
AuditorADAMSBROWN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$76.1M · 1,102 accts · $1.9M emplr
2023$78.4M · 1,106 accts · $1.7M emplr
2022$60.5M · 995 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,650
Total administrative$18,650
The Hensley & Company 401(k) match · 2023
Employer contribution per active participant$1,123
Median for plans this size$3,659
2024$1,398 per active participant
2023$1,123 per active participant
2022$1,209 per active participant

Hensley & Company's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$18,650

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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

Administrative cost history3
2024$27,800 · 0.04%
2023$18,650 · 0.03%
2022$14,750 · 0.02%
Same employer
Similar plansWholesale Trade · Arizona
Shamrock Foods Company AZ$454.8M · 0.17%
Resideo Technologies, Inc. AZ$277.1M · 0.11%
Climatec, LLC AZ$118.4M · 0.12%
Arizona Tile, L.L.C. AZ$53.9M · 0.16%
Capital Lumber Company AZ$48.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860255475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.