Plan Ledger DOL Form 5500 · updated monthly

Hoshizaki USA Holdings, Inc.401(k)

HOSHIZAKI USA HOLDINGS, INC. RETIREMENT PLAN · PEACHTREE CITY, GA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Hoshizaki USA Holdings, Inc. reported $177,699 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $3,016 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 0.11% 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 250th-largest of 2,160 plans among Georgia employers on file, and the 1,693rd of 13,661 in manufacturing. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has shrunk from 1,996 to 1,731 since 2022.

Plan summary
Net assets, end of year$117,033,430
Participants with balances2,002
Active participants1,731
Employer contributions$5,220,554
Employee contributions$5,720,139
Employer contribution per active participant$3,016
Average account balance$58,458
Benefits paid to participants$16,886,223
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.0M · 2,002 accts · $5.2M emplr
2023$106.6M · 1,798 accts · $4.6M emplr
2022$87.0M · 1,841 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,271
Investment management$53,821
Total administrative$177,699
The Hoshizaki USA Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$3,016
Median for plans this size$3,635
2024$3,016 per active participant
2023$3,295 per active participant
2022$2,126 per active participant

Hoshizaki USA Holdings, Inc.'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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$53,821
J. K. BOATWRIGHT & CO., P.C. · Investment advisory (plan)$8,578

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$177,699 · 0.16%
2023$136,330 · 0.14%
2022$106,208 · 0.11%
Similar plansManufacturing · Georgia
Immucor, Inc. GA$128.7M · 0.02%
Engineered Floors, LLC GA$124.3M · 0.10%
Ds Smith North America GA$123.9M · 0.20%
Blue Bird Voluntary Money GA$115.5M · 0.08%
Roper Corporation GA$107.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841700461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.