Plan Ledger DOL Form 5500 · updated monthly

Hogsalt Management, Inc.401(k)

HOGSALT 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.97%

Hogsalt Management, Inc. reported $22,429 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. 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 1.12% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (3,266th of 3,702), and 10,631st of 11,654 in professional & technical services. active participation has grown from 548 to 985 since 2022.

Plan summary
Net assets, end of year$2,754,180
Participants with balances158
Active participants985
Employer contributions—
Employee contributions$785,466
Employer contribution per active participant—
Average account balance$17,432
Benefits paid to participants$187,779
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 158 accts
2023$1.9M · 137 accts
2022$1.1M · 112 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,526
Investment management$10,903
Total administrative$22,429
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
THE VANGUARD GROUP, INC. · Recordkeeping$11,526
CREATIVE PLANNING. · Investment advisory (plan)$10,903

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,429 · 0.97%
2023$11,440 · 0.76%
2022$11,683 · 1.12%
Similar plansProfessional & Technical Services · Illinois
Leap Services, Inc. IL$2.9M · 1.15%
Dealer E Process, LLC IL$2.8M · 0.80%
Rna Corporation IL$2.6M · 0.49%
Dineamic Group, LLC IL$2.5M · 0.55%
Productive Resources, LLC IL$2.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474665411 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.