Plan Ledger DOL Form 5500 · updated monthly

Hillco, LTD.401(k)

HARTLAND 401(K) RETIREMENT PLAN TRUST · KINSTON, NC · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Hillco, LTD. reported $236,817 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $125 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 3 years on file its reported administrative ratio has held roughly steady near 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 432nd-largest of 2,005 plans among North Carolina employers on file, and the 2,158th of 11,911 in health care & social assistance. In 2024, employees put in $7.24 for every $1.00 the employer contributed; active participation has grown from 3,768 to 4,704 since 2022.

Plan summary
Net assets, end of year$41,897,172
Participants with balances2,170
Active participants4,704
Employer contributions$586,145
Employee contributions$4,241,944
Employer contribution per active participant$125
Average account balance$19,307
Benefits paid to participants$5,095,444
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.9M · 2,170 accts · $586K emplr
2023$38.4M · 2,005 accts · $520K emplr
2022$33.3M · 1,779 accts · $505K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$185,299
Investment management$13,272
Total administrative$236,817
The Hillco, LTD. 401(k) match · 2024
Employer contribution per active participant$125
Median for plans this size$2,416
2024$125 per active participant
2023$122 per active participant
2022$134 per active participant

Hillco, LTD.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20245
EISNERAMPER, LLP$26,500
EMPOWER ADVISORY GROUP, LLC · Investment management$13,272
MAXUS PLAN SOLUTIONS INC$7,500
WOMBLE CARLYLE SANDRIDGE & RICE PLL$4,246

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$236,817 · 0.59%
2023$285,424 · 0.80%
2022$207,303 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina

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Source: U.S. Department of Labor, Form 5500 series, EIN 560818742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.