Plan Ledger DOL Form 5500 · updated monthly

Himes Holdings, Inc.401(k)

HIMES HOLDINGS, INC. 401(K) PLAN AND TRUST · ELKHART, IN · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Himes Holdings, Inc. reported $57,277 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $14,548 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Indiana (961st of 1,562), and 340th of 412 in utilities. In 2024, the employer put in $31.39 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,486,095
Participants with balances192
Active participants89
Employer contributions$1,294,813
Employee contributions$41,251
Employer contribution per active participant$14,548
Average account balance$44,198
Benefits paid to participants$7,802,178
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,655
Investment management$3,177
Total administrative$57,277
The Himes Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$14,548
Median for plans this size$2,416

Himes Holdings, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$27,655
LINCOLN FINANCIAL ADVISORS CORP · Consulting$26,460

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

Administrative cost history1
2024$57,277 · 0.52%
Similar plansUtilities · Indiana
Ohio Valley Gas Corporation IN$19.9M · 0.27%
Waste-Away Group, LTD IN$13.4M · 0.72%
Peerless Midwest, Inc. IN$11.4M · 0.37%
Boomerang Corp. IA$8.7M · 0.72%
Esjoule, LLC CA$8.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 991081331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.