Plan Ledger DOL Form 5500 · updated monthly

Hunter Associates Laboratory, Inc.ESOP

HUNTER ASSOCIATES LABORATORY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · RESTON, VA · plan year 2024

Employer contribution per participant · 2024
$3,411

Hunter Associates Laboratory, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $13,160,377 across 121 participant accounts, with employer contributions averaging $3,411 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.009% to 0.006%. 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 among the smaller plans on file in Virginia (1,278th of 2,266), and 7,665th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$13,160,377
Participants with balances121
Active participants85
Employer contributions$289,945
Employee contributions—
Employer contribution per active participant$3,411
Average account balance$108,763
Benefits paid to participants$593,023
Plan auditUnmodified (clean) audit opinion
AuditorKOSITZKA WICKS AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 121 accts · $290K emplr
2023$12.5M · 126 accts · $290K emplr
2022$12.2M · 114 accts · $290K emplr
Employer contributions to the Hunter Associates Laboratory, Inc. plan · 2024
Employer contribution per active participant$3,411
Median for plans this size$2,416
2024$3,411 per active participant
2023$3,333 per active participant
2022$3,452 per active participant

Hunter Associates Laboratory, Inc.'s 2024 employer contribution ran above 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.

Administrative cost history3
2024Not separately reported
2023$750 · 0.01%
2022$1,102 · 0.01%
Similar plansManufacturing · Virginia
Progress Printing Company VA$14.0M · 0.05%
Arban & Carosi, Inc. VA$13.7M · 0.51%
Keltech, Inc. VA$13.4M · 0.01%
Hermes Abrasives, LTD. VA$13.1M · 0.07%
Bowman Andros Products, LLC VA$13.0M · 1.03%
Rowe Fine Furniture, Inc. VA$13.0M · 0.38%
Main Industries, Inc. VA$13.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540635023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.