Plan Ledger DOL Form 5500 · updated monthly

Hilltoppers Inc401(k)

HILLTOPPERS INC 401(K) PROFIT SHARING PLAN & TRUST · CROSSVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

Hilltoppers Inc reported $12,195 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $664 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 0.47% to 1.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,374th of 1,496), and 10,623rd of 11,911 in health care & social assistance. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,309,897
Participants with balances138
Active participants196
Employer contributions$130,135
Employee contributions$244,275
Employer contribution per active participant$664
Average account balance$9,492
Benefits paid to participants$123,809
Plan auditUnmodified (clean) audit opinion
AuditorHASSELL RAY YORK AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 138 accts · $130K emplr
2023$950K · 147 accts · $67K emplr
2022$658K · 149 accts · $56K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,282
Investment management$9,913
Total administrative$12,195
The Hilltoppers Inc 401(k) match · 2024
Employer contribution per active participant$664
Median for plans this size$1,313
2024$664 per active participant
2023$295 per active participant
2022$259 per active participant

Hilltoppers Inc's 2024 employer contribution ran below the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$11,007

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$12,195 · 1.08%
2023$3,967 · 0.49%
2022$3,057 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
The Village at Germantown TN$1.5M · 0.91%
Legacy Senior Living, LLC TN$1.2M · 1.51%
Careharmony, Inc. TN$1.2M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 620960062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.