Plan Ledger DOL Form 5500 · updated monthly

Hollingsworth & Vose Company401(k)

HOLLINGSWORTH & VOSE COMPANY (SALARIED) SAVINGS PLAN · EAST WALPOLE, MA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Hollingsworth & Vose Company reported $184,392 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $5,713 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 1 year on file its reported administrative ratio rose from 0.07% 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 382nd-largest of 2,726 plans among Massachusetts employers on file, and the 1,661st of 13,661 in manufacturing. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has shrunk from 679 to 590 since 2022.

Plan summary
Net assets, end of year$120,007,784
Participants with balances783
Active participants590
Employer contributions$3,370,911
Employee contributions$5,495,475
Employer contribution per active participant$5,713
Average account balance$153,267
Benefits paid to participants$18,040,151
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$120.0M · 783 accts · $3.4M emplr
2023$109.9M · 825 accts · $2.2M emplr
2022$96.6M · 844 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$172,429
Investment management$11,963
Total administrative$184,392
The Hollingsworth & Vose Company 401(k) match · 2024
Employer contribution per active participant$5,713
Median for plans this size$3,635
2024$5,713 per active participant
2023$3,799 per active participant
2022$2,913 per active participant

Hollingsworth & Vose Company'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$172,429
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,963

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$184,392 · 0.16%
2023$74,553 · 0.07%
2022Not separately reported
All plans at this employer2
HOLLINGSWORTH & VOSE COMPANY (SALARIED) SAVINGS PLAN401(k)
HOLLINGSWORTH & VOSE COMPANY UNION SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Massachusetts
Kens Foods, Inc MA$124.4M · 0.21%
Agri-Mark, Inc. MA$120.5M · 0.06%
The Haartz Corporation MA$120.2M · 0.02%
Imprivata, Inc. MA$118.8M · 0.06%
Motional Ad, Inc. MA$110.1M · 0.06%
Samsonite, LLC MA$104.4M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 041446700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.