Hydro-Gear Limited Partnership401(k)

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

Hydro-Gear Limited Partnership reported $271,006 in plan administrative expenses for 2024: 0.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,110 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 0.33% to 0.41%. 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 727th-largest of 3,702 plans among Illinois employers on file, and the 2,497th of 13,661 in manufacturing. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves; active participation has shrunk from 1,375 to 1,175 since 2022.