Plan Ledger DOL Form 5500 · updated monthly

Hoya Holdings, Inc.401(k)

HOYA SHARED SAVINGS PLAN · MILPITAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Hoya Holdings, Inc. reported $469,343 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,964 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 0.25% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 628th-largest of 9,483 plans among California employers on file, and the 160th of 786 in management of companies. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$173,421,285
Participants with balances1,859
Active participants1,889
Employer contributions$3,709,592
Employee contributions$8,340,888
Employer contribution per active participant$1,964
Average account balance$93,287
Benefits paid to participants$20,029,712
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$173.4M · 1,859 accts · $3.7M emplr
2023$155.5M · 1,948 accts · $3.6M emplr
2022$137.7M · 1,968 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$321,916
Investment management$106,967
Audit (IQPA)$40,460
Total administrative$469,343
The Hoya Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,964
Median for plans this size$3,635
2024$1,964 per active participant
2023$1,983 per active participant
2022$1,815 per active participant

Hoya Holdings, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
JOHN HANCOCK · Recordkeeping · Loan processing$361,175
MERCER CONSULTING · Investment advisory (plan)$52,708
SINGERLEWAK LLP · Accounting / audit$40,460
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (participants) · Investment advisory (plan)$15,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$469,343 · 0.29%
2023$374,739 · 0.26%
2022$388,159 · 0.25%
Same employer
Similar plansManagement of Companies · California
Toshiba America, Inc CA$511.7M · 0.06%
Platinum Equity, LLC CA$313.1M · 0.03%
Kyocera International, Inc. CA$273.9M · 0.03%
Meruelo Group LLC CA$124.5M · 0.19%
Nantworks, LLC CA$122.0M · 0.08%
Fernandez Holdings, Inc. CA$121.4M · 0.53%
Data Analysis, Inc. CA$102.3M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 942205027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.