Plan Ledger DOL Form 5500 · updated monthly

Hoffmann Die Cast LLC401(k)

HOFFMANN DIE CAST 401(K) PLAN · ST JOSEPH, MI · plan year 2024

Reported admin expense ratio · 2024
1.18%

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

Hoffmann Die Cast LLC reported $27,130 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,717 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 0.95% to 1.18%. 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 Michigan (2,306th of 2,619), and 12,553rd of 13,661 in manufacturing. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,519,412
Participants with balances105
Active participants92
Employer contributions$158,004
Employee contributions$305,216
Employer contribution per active participant$1,717
Average account balance$23,994
Benefits paid to participants$391,756
Plan auditUnmodified (clean) audit opinion
AuditorBRINK, KEY CHLUDZINSKI, PC
Plan history2
Yearassets · accounts · employer contribution
2024$2.5M · 105 accts · $158K emplr
2022$1.7M · 83 accts · $125K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,520
Investment management$12,610
Total administrative$27,130
The Hoffmann Die Cast LLC 401(k) match · 2024
Employer contribution per active participant$1,717
Median for plans this size$1,313
2024$1,717 per active participant
2022$1,784 per active participant

Hoffmann Die Cast LLC'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
GREENLEAF TRUST · Recordkeeping · Trustee$27,130

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

Administrative cost history2
2024$27,130 · 1.18%
2022$16,216 · 0.95%
Similar plansManufacturing · Michigan
Im Branded MI$2.7M · 0.05%
Detroit Chassis LLC MI$2.6M · 0.04%
New Center Stamping, Inc. MI$2.5M · 0.89%
Flex-N-Gate Detroit, LLC MI$2.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810685308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.