Plan Ledger DOL Form 5500 · updated monthly

Hillmann Consulting, LLC401(k)

HILLMANN CONSULTING 401(K) PLAN · UNION, NJ · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Hillmann Consulting, LLC reported $136,796 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,733 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 0.52% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 955th-largest of 2,419 plans among New Jersey employers on file, and the 4,915th of 11,654 in professional & technical services. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has grown from 208 to 237 since 2022.

Plan summary
Net assets, end of year$23,911,196
Participants with balances309
Active participants237
Employer contributions$647,737
Employee contributions$1,666,882
Employer contribution per active participant$2,733
Average account balance$77,383
Benefits paid to participants$2,051,576
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 309 accts · $648K emplr
2023$20.4M · 282 accts · $615K emplr
2022$16.3M · 291 accts · $584K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,950
Investment management$107,846
Total administrative$136,796
The Hillmann Consulting, LLC 401(k) match · 2024
Employer contribution per active participant$2,733
Median for plans this size$2,416
2024$2,733 per active participant
2023$2,888 per active participant
2022$2,809 per active participant

Hillmann Consulting, LLC's 2024 employer contribution ran above 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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$28,950
MAINSTREET FINANCIAL SOLUTIONS · Investment advisory (plan)$107,846

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$136,796 · 0.62%
2023$104,347 · 0.57%
2022$86,831 · 0.52%
Same employer
Similar plansProfessional & Technical Services · New Jersey
US Tech Solutions, Inc. NJ$24.9M · 0.14%
Ndi Engineering Company NJ$24.7M · 0.09%
Carecloud, Inc. NJ$24.5M · 0.39%
Metrixlab US Inc NJ$24.1M · 0.14%
Hill Wallack LLP NJ$23.9M · 0.61%
Canonical USA NJ$23.8M · 0.30%
Prime Pensions, Inc. NJ$23.8M · 0.23%
Chinook Therapeutics, Inc. NJ$23.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271592684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.