Plan Ledger DOL Form 5500 · updated monthly

Hulett Environmental Services, Inc.401(k)

HULETT ENVIRONMENTAL SERVICES, INC. 401(K) PROFIT SHARING PLAN · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Hulett Environmental Services, Inc. reported $97,681 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,542 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 rose from 1.01% to 1.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,719th-largest of 3,644 plans among Florida employers on file, and the 975th of 2,534 in administrative & support services. In 2024, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,639,922
Participants with balances211
Active participants181
Employer contributions$279,186
Employee contributions$736,665
Employer contribution per active participant$1,542
Average account balance$50,426
Benefits paid to participants$810,381
Plan auditUnmodified (clean) audit opinion
AuditorHOLYFIELD & THOMAS LLC
Plan history4
Yearassets · accounts · employer contribution
2025$9.0M · 197 accts · $189K emplr
2024$10.6M · 211 accts · $279K emplr
2023$9.0M · 331 accts · $105K emplr
2022$7.8M · 322 accts · $15K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,821
Investment management$1,860
Total administrative$97,681
The Hulett Environmental Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,542
Median for plans this size$1,313
2025$1,000 per active participant
2024$1,542 per active participant
2023$544 per active participant
2022$81 per active participant

Hulett Environmental Services, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$76,858
THE BENEFIT PRACTICE · Recordkeeping · Consulting$18,963
WILSHIRE ASSOCIATES, INC. · Investment advisory (plan)$1,860
MORGAN STANLEY · Investment advisory (plan)indirect comp

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

Recordkeeper by year3
2025John Hancock
2024John Hancock, THE BENEFIT PRACTICE
2023John Hancock, THE BENEFIT PRACTICE

This plan has changed recordkeepers within these filings. If you left Hulett Environmental Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$127,474 · 1.30%
2024$97,681 · 0.99%
2023$35,147 · 0.42%
2022$93,450 · 1.01%
Same employer
Similar plansAdministrative & Support Services · Florida
Medusind Inc. FL$11.9M · 0.06%
Iss Action, Inc. FL$11.9M · 1.14%
Deployed Services, LLC FL$10.0M · 2.07%
Sp Vessel Buyer LLC FL$9.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592282352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.