Plan Ledger DOL Form 5500 · updated monthly

Hutchens Industries, Inc.401(k)

HUTCHENS INDUSTRIES, INC. 401(K) PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Hutchens Industries, Inc. reported $35,500 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $514 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 0.20% to 0.19%. 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 623rd-largest of 1,393 plans among Missouri employers on file, and the 6,157th of 13,661 in manufacturing. In 2024, employees put in $3.80 for every $1.00 the employer contributed; active participation has shrunk from 680 to 550 since 2022.

Plan summary
Net assets, end of year$18,800,031
Participants with balances273
Active participants550
Employer contributions$282,772
Employee contributions$1,074,968
Employer contribution per active participant$514
Average account balance$68,865
Benefits paid to participants$2,043,474
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 273 accts · $283K emplr
2023$17.9M · 293 accts · $292K emplr
2022$17.3M · 290 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,500
Total administrative$35,500
The Hutchens Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$514
Median for plans this size$2,416
2024$514 per active participant
2023$410 per active participant
2022$401 per active participant

Hutchens Industries, 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 · 20241

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$35,500 · 0.19%
2023$32,699 · 0.19%
2022$39,264 · 0.20%
Same employer
Similar plansManufacturing · Missouri
Mocap LLC MO$19.5M · 0.40%
H-J Enterprises, Inc. MO$19.4M · 0.38%
M. I. Industries, Inc. MO$19.1M · 0.07%
Triad Manufacturing, Inc MO$18.8M · 0.24%
Louisa Food Products, Inc. MO$18.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 446014661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.