Plan Ledger DOL Form 5500 · updated monthly

Hydraforce, Inc.401(k) + ESOP (KSOP)

HYDRAFORCE, INC. EMPLOYEE SAVINGS AND STOCK OWNERSHIP PLAN · LINCOLNSHIRE, IL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Hydraforce, Inc. reported $371,312 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,121 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 0.09% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 276th-largest of 3,702 plans among Illinois employers on file, and the 996th of 13,661 in manufacturing. In 2024, employees put in $4.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$250,153,450
Participants with balances1,293
Active participants954
Employer contributions$1,069,760
Employee contributions$4,372,504
Employer contribution per active participant$1,121
Average account balance$193,467
Benefits paid to participants$26,825,491
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$250.2M · 1,293 accts · $1.1M emplr
2023$242.8M · 1,691 accts · $3.2M emplr
2022$248.8M · 1,738 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$288,688
Investment management$88,299
Total administrative$371,312
The Hydraforce, Inc. 401(k) match · 2024
Employer contribution per active participant$1,121
Median for plans this size$3,635
2024$1,121 per active participant
2023$3,316 per active participant
2022$2,961 per active participant

Hydraforce, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$88,299
WORLD INVESTMENT ADVISORS LLCindirect 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$371,312 · 0.15%
2023$409,501 · 0.17%
2022$216,982 · 0.09%
Same employer
Similar plansManufacturing · Illinois
Great Dane LLC IL$256.0M · 0.09%
Spraying Systems Co IL$254.9M · 0.07%
Inx International Ink Co. IL$252.7M · 0.09%
Grundfos Pumps Corporation IL$250.9M · 0.11%
Tropicana Products, Inc. IL$246.0M · 0.15%
Now Health Group, Inc. IL$235.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363524515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.