Plan Ledger DOL Form 5500 · updated monthly

Hurco Companies, Inc.401(k)

HURCO COMPANIES INC. 401(K) RETIREMENT PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Hurco Companies, Inc. reported $69,916 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $3,797 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 0.08% to 0.14%. 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 287th-largest of 1,562 plans among Indiana employers on file, and the 3,105th of 13,661 in manufacturing. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,909,347
Participants with balances301
Active participants194
Employer contributions$736,541
Employee contributions$1,557,251
Employer contribution per active participant$3,797
Average account balance$169,134
Benefits paid to participants$4,429,656
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.9M · 301 accts · $737K emplr
2023$46.3M · 290 accts · $1.0M emplr
2022$43.1M · 294 accts · $943K emplr
The Hurco Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$3,797
Median for plans this size$2,416
2024$3,797 per active participant
2023$5,060 per active participant
2022$4,580 per active participant

Hurco Companies, 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.

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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$21,303
SHEPHERD FINANCIAL INVESTMENT ADVIS · Investment advisory (plan)$49,063

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$69,916 · 0.14%
2023$81,126 · 0.18%
2022$38,383 · 0.08%
Same employer
Similar plansManufacturing · Indiana
Marian, Inc. IN$51.6M · 0.09%
Kyb Americas Corporation IN$51.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351150732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.