Plan Ledger DOL Form 5500 · updated monthly

Minebea-Accesssolutions USA Inc.401(k)

HL-A CO., INC. 401(K) PLAN · BREMEN, GA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Minebea-Accesssolutions USA Inc. reported $92,653 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,441 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 rose from 0.33% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 847th-largest of 2,160 plans among Georgia employers on file, and the 5,782nd of 13,661 in manufacturing. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,780,475
Participants with balances820
Active participants606
Employer contributions$873,462
Employee contributions$1,206,856
Employer contribution per active participant$1,441
Average account balance$25,342
Benefits paid to participants$2,997,224
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 820 accts · $873K emplr
2023$19.4M · 810 accts · $906K emplr
2022$16.8M · 773 accts · $890K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,501
Investment management$3,952
Total administrative$92,653
The Minebea-Accesssolutions USA Inc. 401(k) match · 2024
Employer contribution per active participant$1,441
Median for plans this size$2,416
2024$1,441 per active participant
2023$1,512 per active participant
2022$1,548 per active participant

Minebea-Accesssolutions USA 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 · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$90,164
RESOURCES INVESTMENT ADVISORS, LLC · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$92,653 · 0.46%
2023$47,539 · 0.26%
2022$60,849 · 0.33%
Same employer
Similar plansManufacturing · Georgia
Dustex LLC GA$21.5M · 0.37%
Formetco, Incorporated GA$21.5M · 0.17%
Kingspan Insulation LLC GA$20.7M · 0.42%
Southern States, LLC GA$20.6M · 0.43%
Verescence GA$20.3M · 0.29%
Theragenics Corporation GA$20.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222897185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.