Plan Ledger DOL Form 5500 · updated monthly

Huntington House, Inc.401(k)

HUNTINGTON HOUSE, INC. 401(K) RETIREMENT PLAN · HICKORY, NC · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Huntington House, Inc. reported $36,770 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,720 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 0.61% to 0.36%. 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 North Carolina (1,092nd of 2,005), and 8,643rd of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has shrunk from 161 to 144 since 2022.

Plan summary
Net assets, end of year$10,314,168
Participants with balances149
Active participants144
Employer contributions$247,729
Employee contributions$422,467
Employer contribution per active participant$1,720
Average account balance$69,223
Benefits paid to participants$1,335,552
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 149 accts · $248K emplr
2023$9.9M · 137 accts · $250K emplr
2022$8.6M · 127 accts · $244K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,770
Total administrative$36,770
The Huntington House, Inc. 401(k) match · 2024
Employer contribution per active participant$1,720
Median for plans this size$2,416
2024$1,720 per active participant
2023$1,734 per active participant
2022$1,515 per active participant

Huntington House, 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
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$25,032

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$36,770 · 0.36%
2023$32,043 · 0.34%
2022$55,216 · 0.61%
Similar plansManufacturing · North Carolina
Associated Hardwoods, Inc. NC$10.5M · 0.80%
Si East LLC NC$10.4M · 0.17%
Phononic, Inc NC$10.4M · 0.49%
Egger Wood Products, LLC. NC$10.3M · 0.21%
Carpenter Industries Inc. NC$10.2M · 0.11%
Pure Flow, Inc. NC$10.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561480811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.