Plan Ledger DOL Form 5500 · updated monthly

Hillenbrand, Inc.401(k)

PROCESS EQUIPMENT GROUP 401(K) SAVINGS PLAN · BATESVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Hillenbrand, Inc. reported $225,893 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $3,577 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 fell from 0.10% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 33rd-largest of 1,562 plans among Indiana employers on file, and the 77th of 786 in management of companies. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$545,088,903
Participants with balances4,229
Active participants2,940
Employer contributions$10,517,596
Employee contributions$15,854,542
Employer contribution per active participant$3,577
Average account balance$128,893
Benefits paid to participants$48,409,359
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$545.1M · 4,229 accts · $10.5M emplr
2023$511.7M · 3,336 accts · $16.2M emplr
2022$436.6M · 4,316 accts · $14.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,009
Investment management$102,884
Total administrative$225,893
The Hillenbrand, Inc. 401(k) match · 2024
Employer contribution per active participant$3,577
Median for plans this size$4,294
2024$3,577 per active participant
2023$8,017 per active participant
2022$4,715 per active participant

Hillenbrand, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Plan administrator · Loan processing$123,009
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$102,884

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$225,893 · 0.04%
2023$497,306 · 0.10%
2022$469,870 · 0.10%
All plans at this employer2
HILLENBRAND, INC. SAVINGS PLAN401(k)
PROCESS EQUIPMENT GROUP 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansManagement of Companies · Indiana
Old National Bancorp IN$733.1M · 0.03%
Koch Enterprises, Inc. IN$284.5M · 0.11%
Schwarz Partners LP IN$282.0M · 0.26%
1ST Source Corporation IN$267.8M · 0.07%
Batesville Services LLC IN$210.4M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 261342272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.