Plan Ledger DOL Form 5500 · updated monthly

Hopkins Manufacturing401(k)

HOPKINS MANUFACTURING CORPORATION EMPLOYEES PROFIT SHARING PLAN · EMPORIA, KS · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Hopkins Manufacturing reported $78,483 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,140 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 has held roughly steady near 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 206th-largest of 828 plans among Kansas employers on file, and the 4,257th of 13,661 in manufacturing. In 2023, employees put in $3.42 for every $1.00 the employer contributed; active participation has grown from 393 to 435 since 2022.

Plan summary
Net assets, end of year$32,246,571
Participants with balances563
Active participants435
Employer contributions$496,100
Employee contributions$1,696,862
Employer contribution per active participant$1,140
Average account balance$57,276
Benefits paid to participants$1,659,684
Plan auditUnmodified (clean) audit opinion
AuditorBOBER, MARKEY, FEDOROVICH
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $149K emplr
2023$32.2M · 563 accts · $496K emplr
2022$26.8M · 505 accts · $531K emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$20,370
Total administrative$78,483
The Hopkins Manufacturing 401(k) match · 2023
Employer contribution per active participant$1,140
Median for plans this size$2,440
2023$1,140 per active participant
2022$1,352 per active participant

Hopkins Manufacturing's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
BKD, LLP · Accounting / audit$20,370
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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
2024Not separately reported
2023$78,483 · 0.27%
2022$83,026 · 0.28%
Similar plansManufacturing · Kansas
Great Plains Ventures, Inc. KS$33.3M · 0.40%
Atlas Aerospace, LLC KS$32.7M · 0.36%
Envision Inc. KS$32.6M · 0.53%
Kice Industries, Inc. KS$31.0M · 0.18%
Butler National Corporation KS$30.8M · 0.28%
Wk Holding Company, Inc KS$30.0M · 0.24%
Smith & Loveless, Inc. KS$30.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480575295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.