Plan Ledger DOL Form 5500 · updated monthly

Hurst Review Services, Inc.401(k)

HURST REVIEW SERVICES, INC. 401(K) PLAN · BROOKHAVEN, MS · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Hurst Review Services, Inc. reported $19,605 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $1,525 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 1.44% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Mississippi (264th of 367), and 2,614th of 3,091 in educational services. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has shrunk from 100 to 67 since 2022.

Plan summary
Net assets, end of year$3,990,195
Participants with balances84
Active participants67
Employer contributions$102,193
Employee contributions$196,768
Employer contribution per active participant$1,525
Average account balance$47,502
Benefits paid to participants$334,803
Plan auditUnmodified (clean) audit opinion
AuditorCHANCE, GAY & CIEGLO, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 84 accts · $102K emplr
2023$3.5M · 105 accts · $111K emplr
2022$3.0M · 108 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,605
Audit (IQPA)$9,000
Total administrative$19,605
The Hurst Review Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,525
Median for plans this size$1,313
2024$1,525 per active participant
2023$1,423 per active participant
2022$1,216 per active participant

Hurst Review Services, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
NATIONWIDE · Recordkeeping · Custodial$11,962
HUB INTERNATIONAL GULF SOUTH LTD · Contract administrator$10,277
CHANCE GAY AND CIEGLO PLLC · Accounting / audit$9,000
AMERIPRISE FINANCIAL SERVICES · Investment advisory (participants) · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$19,605 · 0.52%
2023$50,682 · 1.55%
2022$47,605 · 1.44%
Similar plansEducational Services · Mississippi
Schoolstatus Inc MS$10.5M · 0.04%
French Camp Academy MS$6.1M · 1.35%
Central Penn, Inc. PA$4.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640921506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.