Plan Ledger DOL Form 5500 · updated monthly

Hutchison, Inc.401(k)

HUTCHISON, INC. 401(K) RETIREMENT SAVINGS PLAN · ADAMS CITY, CO · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Hutchison, Inc. reported $4,659 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,527 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 0.041% to 0.044%. 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 among the smaller plans on file in Colorado (741st of 1,461), and 8,286th of 13,661 in manufacturing. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,207,744
Participants with balances112
Active participants75
Employer contributions$189,500
Employee contributions$360,821
Employer contribution per active participant$2,527
Average account balance$100,069
Benefits paid to participants$821,059
Plan auditDisclaimer of opinion
AuditorJDS PROFESSIONAL GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 112 accts · $190K emplr
2023$10.1M · 115 accts · $193K emplr
2022$9.5M · 120 accts · $204K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,659
Total administrative$4,659
The Hutchison, Inc. 401(k) match · 2024
Employer contribution per active participant$2,527
Median for plans this size$2,416
2024$2,527 per active participant
2023$2,449 per active participant
2022$2,514 per active participant

Hutchison, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$4,658

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$4,659 · 0.04%
2023$4,608 · 0.05%
2022$4,765 · 0.04%
Same employer
Similar plansManufacturing · Colorado
Leanin' Tree, Inc. CO$12.9M · 0.36%
Ellab, Inc. CO$12.7M · 0.96%
Lewis Bolt & Nut Company CO$12.0M · 0.41%
Horizon AG Products, LP CO$10.8M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420941749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.