Plan Ledger DOL Form 5500 · updated monthly

Hotstart, Inc.401(k)

HOTSTART, INC. 401(K) AND PROFIT SHARING PLAN · SPOKANE VALLEY, WA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Hotstart, Inc. reported $1,984 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,855 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 0.002% to 0.004%. 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 307th-largest of 1,714 plans among Washington employers on file, and the 2,895th of 13,661 in manufacturing. In 2024, the employer put in $1.58 for every $1.00 employees contributed themselves; active participation has grown from 181 to 218 since 2022.

Plan summary
Net assets, end of year$56,153,572
Participants with balances326
Active participants218
Employer contributions$1,930,380
Employee contributions$1,222,162
Employer contribution per active participant$8,855
Average account balance$172,250
Benefits paid to participants$2,574,245
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.2M · 326 accts · $1.9M emplr
2023$46.0M · 262 accts · $1.6M emplr
2022$35.2M · 251 accts · $997K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,984
Total administrative$1,984
The Hotstart, Inc. 401(k) match · 2024
Employer contribution per active participant$8,855
Median for plans this size$3,635
2024$8,855 per active participant
2023$8,317 per active participant
2022$5,508 per active participant

Hotstart, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,984
LPL FINANCIAL LLCindirect 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$1,984 · 0.00%
2023$1,625 · 0.00%
2022$800 · 0.00%
Same employer
Similar plansManufacturing · Washington
Norpac Resources, LLC WA$60.7M · 0.19%
Zetron, Inc. WA$60.0M · 0.05%
Jamco America Inc. WA$58.7M · 0.13%
Miles Sand & Gravel Company WA$58.1M · 0.17%
Unisea, Inc. WA$52.8M · 0.17%
Usnr, LLC WA$51.2M · 0.17%
Ascensus Specialties LLC WA$48.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910683702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.