Plan Ledger DOL Form 5500 · updated monthly

Hood Container Corporation401(k)

HOOD CONTAINER CORPORATION 401(K) SAVINGS PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Hood Container Corporation reported $296,754 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,736 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 fell from 0.24% to 0.17%. 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 186th-largest of 2,160 plans among Georgia employers on file, and the 1,224th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$185,441,562
Participants with balances2,109
Active participants2,393
Employer contributions$6,548,111
Employee contributions$12,184,651
Employer contribution per active participant$2,736
Average account balance$87,929
Benefits paid to participants$23,971,915
Plan auditUnmodified (clean) audit opinion
AuditorHORNE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$185.4M · 2,109 accts · $6.5M emplr
2023$162.6M · 2,048 accts · $6.5M emplr
2022$138.4M · 2,139 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$296,754
Total administrative$296,754
The Hood Container Corporation 401(k) match · 2024
Employer contribution per active participant$2,736
Median for plans this size$3,635
2024$2,736 per active participant
2023$2,465 per active participant
2022$2,332 per active participant

Hood Container Corporation's 2024 employer contribution ran below 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$298,918
GALLAGHER FIDUCIARY ADVISORS, LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

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$296,754 · 0.17%
2023$257,018 · 0.17%
2022$355,988 · 0.24%
All plans at this employer2
HOOD CONTAINER CORPORATION SAVINGS PLAN FOR UNION EMPLOYEES401(k)
HOOD CONTAINER CORPORATION 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Georgia
Interface, Inc. GA$192.2M · 0.11%
Yokogawa USA, Inc. GA$190.9M · 0.06%
Superior Essex Inc. GA$188.1M · 0.16%
Bekaert Corporation GA$182.5M · 0.08%
Club Car, LLC GA$172.2M · 0.17%
Forterra Pipe & Precast, LLC GA$168.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455429198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.