Plan Ledger DOL Form 5500 · updated monthly

Hirsch Pipe & Supply Co., Inc.401(k)

HIRSCH PIPE & SUPPLY COMPANY PROFIT SHARING & 401(K) PLAN · VAN NUYS, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Hirsch Pipe & Supply Co., Inc. reported $46,907 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,965 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 0.31% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,975th-largest of 9,483 plans among California employers on file, and the 948th of 4,246 in wholesale trade. In 2024, employees put in $2.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,751,122
Participants with balances399
Active participants376
Employer contributions$738,929
Employee contributions$1,818,111
Employer contribution per active participant$1,965
Average account balance$109,652
Benefits paid to participants$2,758,013
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.8M · 399 accts · $739K emplr
2023$39.3M · 423 accts · $1.2M emplr
2022$34.5M · 360 accts · $1.2M emplr
The Hirsch Pipe & Supply Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,965
Median for plans this size$2,416
2024$1,965 per active participant
2023$2,871 per active participant
2022$3,409 per active participant

Hirsch Pipe & Supply Co., Inc.'s 2024 employer contribution ran below 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$22,907

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$46,907 · 0.11%
2023$18,836 · 0.05%
2022$113,801 · 0.31%
Same employer
Similar plansWholesale Trade · California
Dcor, LLC CA$44.6M · 0.28%
Calavo Growers, Inc. CA$44.3M · 0.17%
Mygrant Glass Company, Inc. CA$43.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951474355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.