Plan Ledger DOL Form 5500 · updated monthly

Hillebrand Gori USA, LLC.401(k)

HILLEBRAND GORI USA, LLC. 401(K) PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Hillebrand Gori USA, LLC. reported $100,410 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,779 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 0.70% to 0.82%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (1,341st of 2,419), and the 975th of 2,677 in transportation & warehousing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 186 to 214 since 2022.

Plan summary
Net assets, end of year$13,093,793
Participants with balances219
Active participants214
Employer contributions$380,747
Employee contributions$796,474
Employer contribution per active participant$1,779
Average account balance$59,789
Benefits paid to participants$887,804
Plan auditDisclaimer of opinion
AuditorHUTCHINS & HAAKE L.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 219 accts · $381K emplr
2023$11.3M · 233 accts · $327K emplr
2022$8.7M · 197 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,410
Total administrative$100,410
The Hillebrand Gori USA, LLC. 401(k) match · 2024
Employer contribution per active participant$1,779
Median for plans this size$2,416
2024$1,779 per active participant
2023$1,398 per active participant
2022$1,374 per active participant

Hillebrand Gori USA, 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$92,222
TAX FAVORED BENEFITS, INC. · Recordkeeping · Loan processing$5,325
LEAFHOUSE FINANCIAL ADVISORS · Investment advisory (plan)$2,865
AMERITAS INVESTMENT CORP. · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024TAX FAVORED BENEFITS, INC., Transamerica
2023TAX FAVORED BENEFITS, INC., Transamerica

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Administrative cost history3
2024$100,410 · 0.82%
2023$83,010 · 0.83%
2022$68,254 · 0.70%
Same employer
Similar plansTransportation & Warehousing · New Jersey
System Freight, Inc. NJ$15.2M · 0.71%
Hermann Services, Inc. NJ$15.1M · 0.03%
Prospect Transportation NJ$13.6M · 0.56%
Samuel Coraluzzo Co., Inc. NJ$12.5M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510389841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.