Plan Ledger DOL Form 5500 · updated monthly

Hrl Laboratories, LLC401(k)

HRL RETIREMENT SAVINGS PLAN FOR NON-BARGAINED EMPLOYEES · MALIBU, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Hrl Laboratories, LLC reported $206,791 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $12,780 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 0.04% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 375th-largest of 9,483 plans among California employers on file, and the 511th of 11,654 in professional & technical services. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has grown from 780 to 1,047 since 2022.

Plan summary
Net assets, end of year$334,731,044
Participants with balances1,309
Active participants1,047
Employer contributions$13,380,969
Employee contributions$14,693,476
Employer contribution per active participant$12,780
Average account balance$255,715
Benefits paid to participants$16,835,871
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$334.7M · 1,309 accts · $13.4M emplr
2023$279.6M · 1,195 accts · $11.1M emplr
2022$229.2M · 1,007 accts · $8.8M emplr
The Hrl Laboratories, LLC 401(k) match · 2024
Employer contribution per active participant$12,780
Median for plans this size$4,294
2024$12,780 per active participant
2023$11,581 per active participant
2022$11,270 per active participant

Hrl Laboratories, LLC's 2024 employer contribution ran above the $4,294 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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$75,938
VANGUARD ADVISERS INC. · Investment advisory (participants)$91,907
MILLER KAPLAN · Investment advisory (plan)$20,200
BUCK GLOBAL LLC · Investment advisory (plan)$19,886

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$206,791 · 0.07%
2023$155,870 · 0.06%
2022$92,242 · 0.04%
Same employer
Similar plansProfessional & Technical Services · California
Procore Technologies, Inc. CA$345.2M · 0.07%
Zscaler, Inc. CA$340.6M · 0.01%
Andersen Tax LLC CA$336.9M · 0.08%
Coinbase, Inc. CA$328.2M · 0.08%
Ionis Pharmaceuticals, Inc. CA$316.0M · 0.03%
Wind River Systems, Inc. CA$314.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954663143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.