Plan Ledger DOL Form 5500 · updated monthly

Hollingsworth & Vose Company401(k)

HOLLINGSWORTH & VOSE FIBER COMPANY GLASS FIBER PRODUCTION 401(K) PLAN · CORVALLIS, OR · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Hollingsworth & Vose Company reported $26,891 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,759 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 0.06% to 0.29%. 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 Oregon (555th of 1,021), and 8,720th of 13,661 in manufacturing. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 107 to 126 since 2022.

Plan summary
Net assets, end of year$10,132,548
Participants with balances153
Active participants126
Employer contributions$347,653
Employee contributions$522,059
Employer contribution per active participant$2,759
Average account balance$66,226
Benefits paid to participants$770,563
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 153 accts · $348K emplr
2023$8.4M · 160 accts · $357K emplr
2022$7.5M · 154 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,178
Investment management$1,713
Total administrative$26,891
The Hollingsworth & Vose Company 401(k) match · 2024
Employer contribution per active participant$2,759
Median for plans this size$1,313
2024$2,759 per active participant
2023$3,213 per active participant
2022$2,962 per active participant

Hollingsworth & Vose Company's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,179

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$26,891 · 0.29%
2023$9,318 · 0.12%
2022$5,251 · 0.06%
Similar plansManufacturing · Oregon
Blazer Industries, Inc. OR$10.5M · 0.67%
Vanguard Ems, Inc. OR$10.3M · 0.67%
Toyo Tanso USA, Inc. OR$10.2M · 0.68%
Met One Instruments, Inc. OR$9.7M · 0.36%
Van's Aircraft, Inc. OR$9.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592401723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.