Plan Ledger DOL Form 5500 · updated monthly

Hkm Direct Market Communications, Inc.401(k)

HKM 401(K) PLAN AND TRUST · CLEVELAND, OH · plan year 2022

Reported admin expense ratio · 2022
0.62%

Hkm Direct Market Communications, Inc. reported $40,821 in plan administrative expenses for 2022: 0.62% of average plan assets, above the peer median. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,428th of 3,295), and 10,699th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$5,952,327
Participants with balances67
Active participants109
Employer contributions—
Employee contributions$235,832
Employer contribution per active participant—
Average account balance$88,841
Benefits paid to participants$381,515
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,346
Investment management$15,541
Professional / advisory$12,934
Total administrative$40,821
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$40,821 · 0.62%
Same employer
Similar plansManufacturing · Ohio
Phd Manufacturing Inc OH$6.1M · 0.66%
Ken Forging, Inc. OH$5.9M · 0.06%
Agrinomix, LLC OH$5.8M · 0.63%
Select Industries Corp. OH$5.7M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341679427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.