Plan Ledger DOL Form 5500 · updated monthly

Hunter Fan Company401(k)

HUNTER FAN COMPANY RETIREMENT SAVINGS PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Hunter Fan Company reported $108,138 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,335 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 0.25% to 0.37%. 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 406th-largest of 1,496 plans among Tennessee employers on file, and the 4,404th of 13,661 in manufacturing. In 2024, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,804,041
Participants with balances324
Active participants201
Employer contributions$670,425
Employee contributions$1,565,017
Employer contribution per active participant$3,335
Average account balance$95,074
Benefits paid to participants$3,622,683
Plan auditUnmodified (clean) audit opinion
AuditorJACKSON HOWELL & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$30.8M · 324 accts · $670K emplr
2023$27.6M · 321 accts · $623K emplr
2022$23.9M · 314 accts · $616K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,854
Total administrative$108,138
The Hunter Fan Company 401(k) match · 2024
Employer contribution per active participant$3,335
Median for plans this size$2,416
2024$3,335 per active participant
2023$3,460 per active participant
2022$3,293 per active participant

Hunter Fan Company'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.

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 · 20243
MORGAN STANLEY SMITH BARNEY · Consulting · Investment advisory (plan)$64,031
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,854
MORGAN STANLEY SMITH · Investment advisory (plan)$15,253

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$108,138 · 0.37%
2023$39,486 · 0.15%
2022$64,506 · 0.25%
Similar plansManufacturing · Tennessee
Elo Touch Solutions, Inc. TN$33.9M · 0.38%
Diakonia Group, LLC TN$33.9M · 0.05%
Nasg Tennessee South, LLC TN$33.4M · 0.07%
Unipres U.S.A., Inc. TN$31.6M · 0.40%
Tennsco, LLC TN$30.7M · 0.01%
Team Technologies, Inc. TN$30.3M · 0.30%
Wegmann Automotive USA Inc. TN$30.0M · 0.02%
Envision Aesc US, LLC TN$29.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621218702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.