Plan Ledger DOL Form 5500 · updated monthly

Hilco Technologies401(k)

HILCO TECHNOLOGIES 401K PROFIT SHARING PLAN · GRAND RAPIDS, MI · plan year 2022

Reported admin expense ratio · 2022
1.15%

Hilco Technologies reported $15,871 in plan administrative expenses for 2022: 1.15% of average plan assets, higher than ~90% 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,455th of 2,619), and 13,162nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$1,280,111
Participants with balances75
Active participants120
Employer contributions—
Employee contributions$124,869
Employer contribution per active participant—
Average account balance$17,068
Benefits paid to participants$77,775
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SWEERIS & TROMP PLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,871
Total administrative$15,871
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,871 · 1.15%
Same employer
Similar plansManufacturing · Michigan
Orotex Corporation MI$1.6M · 1.45%
Burkland, Inc. MI$1.5M · 0.10%
Preferred Companies MI$1.4M · 0.12%
Eagle Industries, Inc MI$1.4M · 0.33%
Premiere Packaging, Inc. MI$1.2M · 0.57%
Valtec, LLC MI$1.1M · 0.44%
Superior Quality Inc MI$1.1M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871012099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.