Plan Ledger DOL Form 5500 · updated monthly

Hfi, LLC401(k)

HFI, LLC SAVINGS PLAN · CANAL WINCHESTER, OH · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Hfi, LLC reported $88,127 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,284 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 0.49% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,282nd-largest of 3,295 plans among Ohio employers on file, and the 5,789th of 13,661 in manufacturing. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,721,459
Participants with balances545
Active participants352
Employer contributions$804,039
Employee contributions$1,464,900
Employer contribution per active participant$2,284
Average account balance$38,021
Benefits paid to participants$2,149,174
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY AND NOVOTNY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 545 accts · $804K emplr
2023$17.9M · 555 accts · $802K emplr
2022$15.7M · 466 accts · $784K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,190
Investment management$32,937
Total administrative$88,127
The Hfi, LLC 401(k) match · 2024
Employer contribution per active participant$2,284
Median for plans this size$2,416
2024$2,284 per active participant
2023$2,150 per active participant
2022$2,399 per active participant

Hfi, LLC's 2024 employer contribution ran below the $2,416 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
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$55,190
EVERHART FINANCIAL GROUP INC · Investment advisory (plan)$32,937

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$88,127 · 0.46%
2023$80,751 · 0.48%
2022$86,490 · 0.49%
Same employer
Similar plansManufacturing · Ohio
Rhinestahl Corporation OH$20.8M · 0.36%
Tls Corporation OH$20.8M · 0.03%
Denoon Lumber Company, LLC OH$20.8M · 0.01%
Rowmark, LLC OH$20.7M · 0.64%
Joyce/Dayton Corp. OH$20.7M · 0.23%
Gregory Industries, Inc. OH$20.7M · 0.29%
G.A. Wintzer & Son Company OH$20.7M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203914731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.