Plan Ledger DOL Form 5500 · updated monthly

Huse Culinary Inc.401(k)

HUSE CULINARY INC. 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Huse Culinary Inc. reported $20,503 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $854 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 0.07% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Indiana (817th of 1,562), and 539th of 786 in management of companies. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,724,823
Participants with balances559
Active participants620
Employer contributions$529,230
Employee contributions$879,531
Employer contribution per active participant$854
Average account balance$20,975
Benefits paid to participants$664,176
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 559 accts · $529K emplr
2023$9.5M · 509 accts · $506K emplr
2022$7.5M · 413 accts · $396K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,053
Total administrative$20,503
The Huse Culinary Inc. 401(k) match · 2024
Employer contribution per active participant$854
Median for plans this size$2,416
2024$854 per active participant
2023$884 per active participant
2022$702 per active participant

Huse Culinary Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIRST MERCHANTS BANKindirect comp
ASCENSUS · Other servicesindirect comp

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$20,503 · 0.19%
2023$22,600 · 0.27%
2022$5,700 · 0.07%
Same employer
Similar plansManagement of Companies · Indiana
Csm North America, LLC IN$18.1M · 0.09%
Automatic Pool Covers, Inc. IN$12.8M · 0.19%
Hughes Group, Inc. IN$12.1M · 0.56%
New Sunshine, LLC. IN$9.7M · 0.21%
Friendship Bancorp, Inc. IN$9.6M · 0.63%
Vernet US Corporation IN$6.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822846713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.