Plan Ledger DOL Form 5500 · updated monthly

Hermeus Corporation401(k)

HERMEUS 401(K) & PROFIT SHARE PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.91%

Hermeus Corporation reported $26,274 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.78% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,701st of 2,160), and 11,655th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$4,172,361
Participants with balances235
Active participants241
Employer contributions—
Employee contributions$1,603,261
Employer contribution per active participant—
Average account balance$17,755
Benefits paid to participants$101,208
Plan auditUnmodified (clean) audit opinion
AuditorSC&H ATTEST SERVICES
Plan history2
Yearassets · accounts · employer contribution
2024$4.2M · 235 accts
2023$1.6M · 154 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,337
Investment management$9,937
Total administrative$26,274
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
ADP, INC. · Loan processing · Recordkeeping$16,336
HA&W WEALTH MANAGEMENT LLC · Recordkeeping · Trustee$9,937

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

Recordkeeper by year2
2024ADP, HA&W WEALTH MANAGEMENT LLC
2023ADP

This plan has changed recordkeepers within these filings. If you left Hermeus Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$26,274 · 0.91%
2023$12,693 · 0.78%
Same employer
Similar plansManufacturing · Georgia
Facet Technologies, LLC GA$4.3M · 0.65%
Specialty Appliance LLC GA$4.3M · 0.00%
M.A. Industries, Inc. GA$4.2M · 0.30%
Frey-Moss Structures Inc. GA$4.1M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832515024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.