Plan Ledger DOL Form 5500 · updated monthly

Hocking International Laboratories401(k)

HOCKING INTERNATIONAL LABORATORIES 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Hocking International Laboratories reported $26,864 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,693 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 0.67% to 0.61%. 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 Texas (4,066th of 5,688), and 11,225th of 13,661 in manufacturing. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 115 to 148 since 2022.

Plan summary
Net assets, end of year$4,963,301
Participants with balances118
Active participants148
Employer contributions$250,549
Employee contributions$511,138
Employer contribution per active participant$1,693
Average account balance$42,062
Benefits paid to participants$414,147
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 118 accts · $251K emplr
2023$3.9M · 120 accts · $214K emplr
2022$3.1M · 109 accts · $231K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,414
Total administrative$26,864
The Hocking International Laboratories 401(k) match · 2024
Employer contribution per active participant$1,693
Median for plans this size$1,313
2024$1,693 per active participant
2023$2,185 per active participant
2022$2,013 per active participant

Hocking International Laboratories's 2024 employer contribution ran above 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
NFP RETIREMENT, INC. · Other servicesindirect 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$26,864 · 0.61%
2023$22,493 · 0.64%
2022$20,761 · 0.67%
Same employer
Similar plansManufacturing · Texas
Vintage Air, Inc. TX$5.0M · 0.72%
Napco Precast, LLC TX$4.9M · 1.00%
Fabcorp, Inc. TX$4.9M · 0.15%
Aspen Manufacturing LLC TX$4.9M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271056587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.