Plan Ledger DOL Form 5500 · updated monthly

Hungry Howie's Distributing, Inc401(k)

HUNGRY HOWIE'S DISTRIBUTING, INC 401(K) PROFIT SHARING PLAN & TRUST · MADISON HEIGHTS, MI · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Hungry Howie's Distributing, Inc reported $75,837 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,451 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 0.55% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (1,383rd of 2,619), and 2,631st of 4,246 in wholesale trade. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 170 to 196 since 2022.

Plan summary
Net assets, end of year$12,350,697
Participants with balances196
Active participants196
Employer contributions$284,345
Employee contributions$660,049
Employer contribution per active participant$1,451
Average account balance$63,014
Benefits paid to participants$868,494
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE MORAN, PLLC'S
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 196 accts · $284K emplr
2023$10.7M · 270 accts · $274K emplr
2022$10.3M · 380 accts · $299K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,026
Investment management$28,811
Total administrative$75,837
The Hungry Howie's Distributing, Inc 401(k) match · 2024
Employer contribution per active participant$1,451
Median for plans this size$2,416
2024$1,451 per active participant
2023$1,613 per active participant
2022$1,758 per active participant

Hungry Howie's Distributing, Inc'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
ASCENSUS LLC · Loan processing · Recordkeeping$47,026
UBS FINANCIAL SERVICES, INC · Investment advisory (plan)$28,811

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$75,837 · 0.66%
2023$61,052 · 0.58%
2022$59,835 · 0.55%
Same employer
Similar plansWholesale Trade · Michigan
J & H Oil Company MI$12.6M · 0.32%
General Fasteners Company MI$12.4M · 0.07%
Lowry Solutions, Inc. MI$11.9M · 0.31%
King Steel Corporation MI$11.5M · 0.36%
Vq, Inc. MI$11.5M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382684876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.