Plan Ledger DOL Form 5500 · updated monthly

Hm Dunn Aerosystems, Inc401(k)

HM DUNN AEROSYSTEMS, INC. 401(K) PLAN · WICHITA, KS · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Hm Dunn Aerosystems, Inc reported $57,810 in plan administrative expenses for 2023: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,304 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 3 years on file its reported administrative ratio has held roughly steady near 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 409th-largest of 828 plans among Kansas employers on file, and 7,478th of 13,661 in manufacturing. In 2023, employees put in $3.37 for every $1.00 the employer contributed; active participation has shrunk from 254 to 224 since 2022.

Plan summary
Net assets, end of year$13,720,245
Participants with balances261
Active participants224
Employer contributions$292,062
Employee contributions$984,822
Employer contribution per active participant$1,304
Average account balance$52,568
Benefits paid to participants$2,282,987
Plan auditUnmodified (clean) audit opinion
AuditorSWINDOLL JANZEN HAWK & LOYD LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 229 accts · $267K emplr
2023$13.7M · 261 accts · $292K emplr
2022$12.6M · 303 accts · $281K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$46,810
Investment management$11,000
Total administrative$57,810
The Hm Dunn Aerosystems, Inc 401(k) match · 2023
Employer contribution per active participant$1,304
Median for plans this size$2,440
2024$1,305 per active participant
2023$1,304 per active participant
2022$1,105 per active participant

Hm Dunn Aerosystems, Inc's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$46,810
SWINDOLL, JANZEN, HAWK & LOYD, LLC · Recordkeeping · Pension consulting$11,000

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

Recordkeeper by year2
2024ADP, SWINDOLL, JANZEN, HAWK & LOYD, LLC
2023ADP, SWINDOLL, JANZEN, HAWK & LOYD, LLC

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Administrative cost history3
2024$55,282 · 0.41%
2023$57,810 · 0.44%
2022$54,356 · 0.39%
Similar plansManufacturing · Kansas
Lion Nathan USA, Inc. KS$15.1M · 0.68%
D-J Engineering, Inc. KS$14.4M · 0.28%
Universal Engraving, Inc. KS$14.4M · 0.36%
Kalmar Solutions, LLC KS$13.4M · 0.34%
Wolfe Electric, Inc. KS$13.3M · 0.30%
Cereal Ingredients Inc KS$13.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464605349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.