Plan Ledger DOL Form 5500 · updated monthly

Horn USA Inc401(k)

HORN USA INC 401K PROFIT SHARING PLAN AND TRUST · ISLANDIA, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Horn USA Inc reported $2,045 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,761 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,270th of 5,648), and 7,915th of 13,661 in manufacturing. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,353,663
Participants with balances112
Active participants115
Employer contributions$317,537
Employee contributions$677,408
Employer contribution per active participant$2,761
Average account balance$110,301
Benefits paid to participants$2,354,704
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 112 accts · $318K emplr
2023$12.3M · 120 accts · $335K emplr
2022$10.1M · 120 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,045
Total administrative$2,045
The Horn USA Inc 401(k) match · 2024
Employer contribution per active participant$2,761
Median for plans this size$2,416
2024$2,761 per active participant
2023$2,836 per active participant
2022$2,740 per active participant

Horn USA Inc's 2024 employer contribution ran above the $2,416 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
ADP, INC. · Loan processing · Recordkeeping$2,044
ADP BROKER-DEALER · Other servicesindirect comp
HALLIDAY FINANCIAL LLC · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$2,045 · 0.02%
2023$2,695 · 0.02%
2022$1,545 · 0.01%
Same employer
Similar plansManufacturing · New York
Anchor Computer, Inc. NY$12.9M · 0.35%
Bitzer Scroll, Inc. NY$12.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621713570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.