Plan Ledger DOL Form 5500 · updated monthly

Hodges Badge Company, Inc.401(k)

HODGES BADGE COMPANY, INC. 401(K) SAVINGS PLAN · PORTSMOUTH, RI · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Hodges Badge Company, Inc. reported $2,200 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,498 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 0.020%. 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 among the smaller plans on file in Rhode Island (163rd of 286), and 8,318th of 13,661 in manufacturing. In 2024, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,128,157
Participants with balances149
Active participants110
Employer contributions$164,739
Employee contributions$462,685
Employer contribution per active participant$1,498
Average account balance$74,686
Benefits paid to participants$1,720,165
Plan auditUnmodified (clean) audit opinion
AuditorRUBIN BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 149 accts · $165K emplr
2023$10.8M · 159 accts · $155K emplr
2022$9.2M · 149 accts · $138K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,050
Total administrative$2,200
The Hodges Badge Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,498
Median for plans this size$2,416
2024$1,498 per active participant
2023$1,251 per active participant
2022$1,240 per active participant

Hodges Badge Company, 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
COMMONWEALTH EQUITY 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$2,200 · 0.02%
2023$2,800 · 0.03%
2022$2,050 · 0.02%
Same employer
Similar plansManufacturing · Rhode Island
Tri-Mack Plastics Mfg Corp RI$15.3M · 0.28%
F.A.F., Incorporated RI$13.2M · 0.00%
Nelipak Corporation RI$12.4M · 0.24%
Nfa Corporation RI$11.4M · 0.02%
Moo, Inc. RI$9.2M · 0.17%
Hanna Instruments, Inc. RI$7.8M · 0.05%
Tanury Industries, Inc. RI$7.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042347782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.