Plan Ledger DOL Form 5500 · updated monthly

Hgr Industrial Surplus401(k)

HGR INDUSTRIAL SURPLUS, INC. 401(K) P/S PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.77%

Hgr Industrial Surplus reported $29,802 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. 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 0.63% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Delaware (203rd of 242), and 3,784th of 4,246 in wholesale trade. active participation has shrunk from 133 to 24 since 2022.

Plan summary
Net assets, end of year$4,046,112
Participants with balances86
Active participants24
Employer contributions—
Employee contributions$228,582
Employer contribution per active participant—
Average account balance$47,048
Benefits paid to participants$467,811
Plan auditUnmodified (clean) audit opinion
AuditorHGR INDUSTRIAL SURPLUS, INC
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 86 accts
2023$3.7M · 156 accts
2022$3.1M · 117 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,267
Investment management$13,535
Total administrative$29,802
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
ASCENSUS LLC · Loan processing · Recordkeeping$16,267
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$13,535

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

Recordkeeper by year2
2024Ascensus
2023Ascensus, PAI

This plan has changed recordkeepers within these filings. If you left Hgr Industrial Surplus 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 history3
2024$29,802 · 0.77%
2023$24,275 · 0.71%
2022$20,332 · 0.63%
Similar plansWholesale Trade · Delaware
Burris Logistics DE$101.1M · 0.13%
Keen Compressed Gas Company DE$19.2M · 0.26%
Netbus, Inc. DE$705K · 1.29%
Rac King, LLC. DE$281K · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341861802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.