Plan Ledger DOL Form 5500 · updated monthly

Hutchison Enterprises, Inc.401(k)

RETIREMENT INCOME SECURITY PLAN-HUTCHISON ENTERPRISES, INC. · ITASCA, IL · plan year 2022

Reported admin expense ratio · 2022
0.87%

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

Hutchison Enterprises, Inc. reported $4,309 in plan administrative expenses for 2022: 0.87% of average plan assets, below the peer median. Employer contributions averaged $330 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,557th of 3,702), and 11,333rd of 11,911 in health care & social assistance. In 2022, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$521,536
Participants with balances35
Active participants166
Employer contributions$54,731
Employee contributions$120,585
Employer contribution per active participant$330
Average account balance$14,901
Benefits paid to participants$25,716
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,214
Investment management$95
Total administrative$4,309
The Hutchison Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$330
Median for plans this size$331

Hutchison Enterprises, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,309 · 0.87%
Similar plansHealth Care & Social Assistance · Illinois
Progressive Housing, Inc. IL$525K · 0.57%
Saba Healthcare LLC IL$519K · 1.31%
Medstar Laboratory, Inc. IL$423K · 1.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201778035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.