Plan Ledger DOL Form 5500 · updated monthly

Hercules Industries, Inc.ESOP

HERCULES INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Hercules Industries, Inc. reported $69 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,551 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 299th-largest of 1,461 plans among Colorado employers on file, and the 1,050th of 4,246 in wholesale trade. active participation has grown from 402 to 486 since 2022.

Plan summary
Net assets, end of year$39,370,776
Participants with balances587
Active participants486
Employer contributions$4,155,643
Employee contributions—
Employer contribution per active participant$8,551
Average account balance$67,071
Benefits paid to participants$143,249
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.4M · 587 accts · $4.2M emplr
2023$36.4M · 526 accts · $3.9M emplr
2022$29.6M · 443 accts · $3.6M emplr
Employer contributions to the Hercules Industries, Inc. plan · 2024
Employer contribution per active participant$8,551
Median for plans this size$2,416
2024$8,551 per active participant
2023$8,678 per active participant
2022$8,969 per active participant

Hercules Industries, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$69 · 0.00%
2023Not separately reported
2022Not separately reported
All plans at this employer2
HERCULES INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST401(k)
HERCULES INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · Colorado
M-L Holdings Company CO$47.2M · 0.33%
Brown Strauss, Inc. CO$43.5M · 0.20%
Jupiter I, L.L.C. CO$36.3M · 0.32%
Rio Grande Co. CO$31.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840516481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.