Plan Ledger DOL Form 5500 · updated monthly

Hill Wiremasters401(k)

HILL WIREMASTERS 401(K) PROFIT SHARING PLAN & TRUST · COLUMBIA, TN · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Hill Wiremasters reported $107,338 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $5,953 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 rose from 0.21% to 0.27%. 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 314th-largest of 1,496 plans among Tennessee employers on file, and the 3,498th of 13,661 in manufacturing. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves; active participation has grown from 237 to 278 since 2022.

Plan summary
Net assets, end of year$43,042,550
Participants with balances312
Active participants278
Employer contributions$1,654,807
Employee contributions$1,267,340
Employer contribution per active participant$5,953
Average account balance$137,957
Benefits paid to participants$1,026,365
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.0M · 312 accts · $1.7M emplr
2023$36.1M · 291 accts · $1.2M emplr
2022$28.7M · 269 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,726
Investment management$58,612
Total administrative$107,338
The Hill Wiremasters 401(k) match · 2024
Employer contribution per active participant$5,953
Median for plans this size$2,416
2024$5,953 per active participant
2023$4,334 per active participant
2022$4,317 per active participant

Hill Wiremasters's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$44,023
ACUFF & ASSOCIATES, INC. · Recordkeeping · Loan processing$1,200
JULY BUSINESS SERVICES, LLC · Recordkeeping · Loan processing$850
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$58,612

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

Recordkeeper by year2
2024ACUFF & ASSOCIATES, INC., July Business Services, Transamerica
2023ACUFF & ASSOCIATES, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Hill Wiremasters 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$107,338 · 0.27%
2023$81,427 · 0.25%
2022$64,684 · 0.21%
Same employer
Similar plansManufacturing · Tennessee
Lodge Manufacturing Company TN$46.3M · 0.07%
Magotteaux, Inc. TN$45.5M · 0.05%
The Juice Plus Company, LLC TN$44.1M · 0.58%
National Pen Co. LLC TN$41.7M · 0.30%
The Pictsweet Company TN$41.7M · 0.47%
Kordsa, Inc. TN$39.7M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621840271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.