Plan Ledger DOL Form 5500 · updated monthly

Hilmar Cheese Company401(k)

HILMAR CHEESE COMPANY PROFIT SHARING 401(K) PLAN · HILMAR, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Hilmar Cheese Company reported $155,686 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,895 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 0.070%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 497th-largest of 9,483 plans among California employers on file, and the 1,029th of 13,661 in manufacturing. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has grown from 1,457 to 1,762 since 2022.

Plan summary
Net assets, end of year$236,857,973
Participants with balances2,183
Active participants1,762
Employer contributions$8,624,203
Employee contributions$9,146,430
Employer contribution per active participant$4,895
Average account balance$108,501
Benefits paid to participants$19,059,655
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$236.9M · 2,183 accts · $8.6M emplr
2023$208.0M · 1,945 accts · $9.1M emplr
2022$176.7M · 1,895 accts · $8.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,686
Total administrative$155,686
The Hilmar Cheese Company 401(k) match · 2024
Employer contribution per active participant$4,895
Median for plans this size$3,635
2024$4,895 per active participant
2023$5,888 per active participant
2022$5,841 per active participant

Hilmar Cheese Company's 2024 employer contribution ran above the $3,635 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
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping$155,086

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$155,686 · 0.07%
2023$149,948 · 0.08%
2022$141,402 · 0.07%
Same employer
Similar plansManufacturing · California
Nuvasive, Inc. CA$252.8M · 0.18%
Penumbra, Inc. CA$246.2M · 0.30%
Safran Cabin Inc. CA$235.3M · 0.14%
Pharmavite LLC CA$228.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770026482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.