Plan Ledger DOL Form 5500 · updated monthly

Huf North America401(k)

HUF NORTH AMERICA AUTOMOTIVE PARTS MANUFACTURING CORP. 401(K) PLAN · GREENVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Huf North America reported $104,180 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,490 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 486th-largest of 1,496 plans among Tennessee employers on file, and the 5,255th of 13,661 in manufacturing. In 2024, employees put in $3.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,051,130
Participants with balances341
Active participants270
Employer contributions$402,189
Employee contributions$1,587,914
Employer contribution per active participant$1,490
Average account balance$70,531
Benefits paid to participants$4,743,529
Plan auditUnmodified (clean) audit opinion
AuditorREILLY PENNER AND BENTON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 341 accts · $402K emplr
2023$23.9M · 367 accts · $354K emplr
2022$21.3M · 381 accts · $373K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,180
Total administrative$104,180
The Huf North America 401(k) match · 2024
Employer contribution per active participant$1,490
Median for plans this size$2,416
2024$1,490 per active participant
2023$1,251 per active participant
2022$1,342 per active participant

Huf North America's 2024 employer contribution ran below the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$104,179
MORGAN STANLEY GLOBAL BANKING OPERA · Other servicesindirect 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$104,180 · 0.43%
2023$93,238 · 0.41%
2022$105,096 · 0.45%
Same employer
Similar plansManufacturing · Tennessee
The Coats Company, LLC TN$25.8M · 0.08%
Crown Bakeries, LLC TN$25.2M · 0.63%
Penn a Kem LLC TN$25.0M · 0.20%
Jpw Industries, Inc. TN$24.8M · 0.56%
Highly Marelli USA TN$23.3M · 0.14%
K.T.G. USA TN$21.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621603553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.