Plan Ledger DOL Form 5500 · updated monthly

Hoerbiger America Holding, Inc.401(k)

HOERBIGER US RETIREMENT PLAN · DEERFIELD BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Hoerbiger America Holding, Inc. reported $288,930 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $5,063 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 0.14% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 188th-largest of 3,644 plans among Florida employers on file, and the 1,189th of 13,661 in manufacturing. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 966 to 1,112 since 2022.

Plan summary
Net assets, end of year$192,790,169
Participants with balances1,349
Active participants1,112
Employer contributions$5,629,572
Employee contributions$8,330,912
Employer contribution per active participant$5,063
Average account balance$142,913
Benefits paid to participants$19,771,085
Plan auditUnmodified (clean) audit opinion
AuditorAHEARN JASCO COMPANY P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$192.8M · 1,349 accts · $5.6M emplr
2023$176.2M · 1,332 accts · $3.0M emplr
2022$155.0M · 1,298 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$221,484
Investment management$46,246
Audit (IQPA)$20,000
Total administrative$288,930
The Hoerbiger America Holding, Inc. 401(k) match · 2024
Employer contribution per active participant$5,063
Median for plans this size$3,635
2024$5,063 per active participant
2023$3,103 per active participant
2022$5,619 per active participant

Hoerbiger America Holding, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Loan processing · Recordkeeping$171,159
CREATIVE PLANNING LLC · Investment advisory (plan)$59,953
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$46,246
AHEARN JASCO + COMPANY PA · Accounting / audit$20,000

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

Recordkeeper by year2
2024Empower
2023Empower

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Administrative cost history3
2024$288,930 · 0.16%
2023$227,710 · 0.14%
2022$244,597 · 0.14%
Same employer
Similar plansManufacturing · Florida
Refresco Beverages US Inc. FL$216.8M · 0.26%
Welbilt, Inc. FL$213.9M · 0.03%
Helios Technologies, Inc. FL$181.4M · 0.16%
Zimvie US Corp LLC. FL$178.5M · 0.14%
Saft America, Inc. FL$160.0M · 0.19%
Harrells, Inc. FL$140.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203965560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.