Plan Ledger DOL Form 5500 · updated monthly

Hrm Enterprises, Inc.401(k)

HRM ENTERPRISES, INC. 401(K) PLAN · HARTVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Hrm Enterprises, Inc. reported $87,869 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,210 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 fell from 0.47% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 1,231st-largest of 3,295 plans among Ohio employers on file, and the 274th of 2,240 in accommodation & food services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,145,074
Participants with balances473
Active participants611
Employer contributions$739,539
Employee contributions$1,474,097
Employer contribution per active participant$1,210
Average account balance$46,818
Benefits paid to participants$1,739,581
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 473 accts · $740K emplr
2023$19.1M · 459 accts · $704K emplr
2022$15.5M · 458 accts · $645K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,770
Investment management$26,239
Total administrative$87,869
The Hrm Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,210
Median for plans this size$2,416
2024$1,210 per active participant
2023$1,264 per active participant
2022$1,067 per active participant

Hrm Enterprises, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$45,770
EVERENCE TRUST COMPANY · Investment advisory (plan)$26,239
HRM ENTERPRISES, INC.$15,860

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$87,869 · 0.43%
2023$79,603 · 0.46%
2022$77,420 · 0.47%
Same employer
Similar plansAccommodation & Food Services · Ohio
Bob Evans Restaurants, LLC OH$102.7M · 0.26%
Avi Foodsystems Inc OH$97.8M · 0.27%
Covelli Enterprises, Inc. OH$56.4M · 0.55%
Frisch's Restaurants, Inc. OH$21.0M · 0.64%
Larosa's, Inc. OH$20.5M · 0.15%
Red Roof Franchising, LLC OH$20.3M · 0.43%
Donatos Pizzeria, LLC OH$19.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341147264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.