Plan Ledger DOL Form 5500 · updated monthly

Hutcheson Enterprises, Inc.401(k)

Y.O.U.R. 401(K) PLAN · HUNTSVILLE, AL · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Hutcheson Enterprises, Inc. reported $7,085 in plan administrative expenses for 2022: 0.28% of average plan assets, below the peer median. Employer contributions averaged $280 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Alabama (792nd of 902), and 4,650th of 4,798 in finance & insurance. In 2022, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,135,795
Participants with balances68
Active participants207
Employer contributions$57,915
Employee contributions$206,029
Employer contribution per active participant$280
Average account balance$31,409
Benefits paid to participants$558,444
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,085
Total administrative$7,085
The Hutcheson Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$280
Median for plans this size$1,114

Hutcheson Enterprises, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,085 · 0.28%
Similar plansFinance & Insurance · Alabama
First Southern State Bank AL$5.4M · 0.84%
Union State Bank AL$3.8M · 0.26%
Gil's Auto Sales AL$2.9M · 0.10%
Sprout Mortgage LLC NY$2.1M · 1.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631256885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.