Plan Ledger DOL Form 5500 · updated monthly

Hunter Defense Technologies, Inc.401(k)

HUNTER DEFENSE TECHNOLOGIES INC. 401K RETIREMENT PLAN · SOLON, OH · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Hunter Defense Technologies, Inc. reported $10,124 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,411 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 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 433rd-largest of 3,295 plans among Ohio employers on file, and the 2,178th of 13,661 in manufacturing. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 803 to 1,145 since 2022.

Plan summary
Net assets, end of year$83,316,328
Participants with balances817
Active participants1,145
Employer contributions$1,615,544
Employee contributions$3,784,185
Employer contribution per active participant$1,411
Average account balance$101,978
Benefits paid to participants$9,700,793
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$83.3M · 817 accts · $1.6M emplr
2023$77.3M · 783 accts · $1.5M emplr
2022$68.0M · 836 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,124
Total administrative$10,124
The Hunter Defense Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,411
Median for plans this size$3,635
2024$1,411 per active participant
2023$1,986 per active participant
2022$2,111 per active participant

Hunter Defense Technologies, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,124

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$10,124 · 0.01%
2023$9,394 · 0.01%
2022$11,303 · 0.02%
Same employer
Similar plansManufacturing · Ohio
The Scott Fetzer Company OH$84.6M · 0.23%
State Industrial Products OH$83.7M · 0.12%
Meyer Tool, Inc. OH$82.5M · 0.05%
Rohrer Corporation OH$81.4M · 0.29%
Remington Products Company OH$78.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134133473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.