Plan Ledger DOL Form 5500 · updated monthly

Hughes Anderson Heat Exchangers, Inc.401(k)

HUGHES ANDERSON SAVINGS & PROFIT SHARING PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Hughes Anderson Heat Exchangers, Inc. reported $20,903 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $6,204 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 0.15% to 0.14%. 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 301st-largest of 724 plans among Oklahoma employers on file, and 6,838th of 13,661 in manufacturing. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$15,895,135
Participants with balances137
Active participants119
Employer contributions$738,329
Employee contributions$683,093
Employer contribution per active participant$6,204
Average account balance$116,023
Benefits paid to participants$1,272,018
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 137 accts · $738K emplr
2023$14.1M · 178 accts · $678K emplr
2022$12.2M · 176 accts · $670K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,903
Total administrative$20,903
The Hughes Anderson Heat Exchangers, Inc. 401(k) match · 2024
Employer contribution per active participant$6,204
Median for plans this size$2,416
2024$6,204 per active participant
2023$5,944 per active participant
2022$5,727 per active participant

Hughes Anderson Heat Exchangers, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
ASCENSUS LLC · Recordkeeping$20,902

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$20,903 · 0.14%
2023$19,464 · 0.15%
2022$19,369 · 0.15%
Same employer
Similar plansManufacturing · Oklahoma
Shawnee Milling Company OK$16.6M · 0.03%
Century LLC OK$15.9M · 0.37%
Thermal Windows, Inc. OK$15.6M · 0.01%
Evans Enterprises, Inc. OK$14.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730795562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.