Plan Ledger DOL Form 5500 · updated monthly

Hexcel Corporation401(k)

HEXCEL CORPORATION 401(K) RETIREMENT SAVINGS PLAN · STAMFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Hexcel Corporation reported $132,195 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,287 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 0.06% to 0.03%. 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 47th-largest of 1,106 plans among Connecticut employers on file, and the 549th of 13,661 in manufacturing. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 2,590 to 2,914 since 2022.

Plan summary
Net assets, end of year$527,046,379
Participants with balances3,657
Active participants2,914
Employer contributions$18,319,406
Employee contributions$19,021,303
Employer contribution per active participant$6,287
Average account balance$144,120
Benefits paid to participants$67,268,050
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$527.0M · 3,657 accts · $18.3M emplr
2023$480.7M · 3,517 accts · $16.5M emplr
2022$408.7M · 3,457 accts · $14.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,643
Investment management$79,194
Trustee / custodial$3,358
Total administrative$132,195
The Hexcel Corporation 401(k) match · 2024
Employer contribution per active participant$6,287
Median for plans this size$4,294
2024$6,287 per active participant
2023$6,132 per active participant
2022$5,489 per active participant

Hexcel Corporation'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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$79,194
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$53,387

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$132,195 · 0.03%
2023$271,905 · 0.06%
2022$278,861 · 0.06%
All plans at this employer2
HEXCEL CORPORATION 401(K) RETIREMENT SAVINGS PLAN401(k)
HEXCEL CORPORATION VOLUNTARY SAVINGS PLAN FOR KENT UNION EMPLOYEES401(k)
Same employer
Similar plansManufacturing · Connecticut
Legrand Holding, Inc. CT$722.2M · 0.08%
Itt Industries Holdings, Inc CT$601.0M · 0.16%
Ahlstrom USA Inc. CT$550.8M · 0.06%
Otis Worldwide Corporation CT$475.4M · 0.16%
Bluetriton Brands, Inc. CT$469.7M · 0.14%
Purdue Pharma L.P. CT$455.1M · 0.01%
Kaman Corporation CT$452.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941109521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.