Plan Ledger DOL Form 5500 · updated monthly

Hydrologic Distribution Company401(k)

HYDROLOGIC DISTRIBUTION COMPANY 401K PLAN · PINELLAS PARK, FL · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Hydrologic Distribution Company reported $62,209 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,085 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 3 years on file its reported administrative ratio has held roughly steady near 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (2,101st of 3,644), and 3,301st of 4,246 in wholesale trade. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 227 to 288 since 2022.

Plan summary
Net assets, end of year$7,403,670
Participants with balances127
Active participants288
Employer contributions$312,386
Employee contributions$624,540
Employer contribution per active participant$1,085
Average account balance$58,297
Benefits paid to participants$218,528
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 127 accts · $312K emplr
2023$5.9M · 115 accts · $288K emplr
2022$4.3M · 112 accts · $308K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,989
Investment management$16,110
Total administrative$62,209
The Hydrologic Distribution Company 401(k) match · 2024
Employer contribution per active participant$1,085
Median for plans this size$1,313
2024$1,085 per active participant
2023$1,090 per active participant
2022$1,357 per active participant

Hydrologic Distribution Company's 2024 employer contribution ran below the $1,313 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 · 20242
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$32,220
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,989

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$62,209 · 0.94%
2023$45,875 · 0.90%
2022$38,365 · 0.91%
Similar plansWholesale Trade · Florida
Mercury Enterprises, Inc FL$8.3M · 0.58%
Tampa Truck Center, LLC FL$8.1M · 0.45%
Fridababy, LLC FL$8.0M · 0.11%
Falcon Farms, Inc. FL$7.6M · 0.41%
Palmdale Oil Company, LLC FL$7.1M · 0.39%
Florida Hardware LLC FL$6.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883761983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.