Plan Ledger DOL Form 5500 · updated monthly

Hixson Metal Finishing401(k)

HMF 401(K) PLAN · NEWPORT BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Hixson Metal Finishing reported $898 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $911 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 0.06% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,383rd of 9,483), and 11,735th of 13,661 in manufacturing. In 2024, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,012,008
Participants with balances113
Active participants108
Employer contributions$98,379
Employee contributions$338,496
Employer contribution per active participant$911
Average account balance$35,504
Benefits paid to participants$162,990
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 113 accts · $98K emplr
2023$3.4M · 112 accts · $85K emplr
2022$2.7M · 103 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$898
Total administrative$898
The Hixson Metal Finishing 401(k) match · 2024
Employer contribution per active participant$911
Median for plans this size$1,313
2024$911 per active participant
2023$770 per active participant
2022$764 per active participant

Hixson Metal Finishing'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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,003

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$898 · 0.02%
2023$1,249 · 0.04%
2022$1,777 · 0.06%
Similar plansManufacturing · California
Cabinets 2000, LLC CA$4.0M · 0.69%
Compass Components, Inc. CA$4.0M · 0.47%
Nutiva CA$4.0M · 0.98%
B-K Lighting, Inc. CA$3.9M · 0.78%
Synergeyes Inc CA$3.9M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952222470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.