Plan Ledger DOL Form 5500 · updated monthly

Hyspan Precision Products, Inc.Profit-sharing plan

HYSPAN PRECISION PRODUCTS, INC. PROFIT SHARING PLAN · CHULA VISTA, CA · plan year 2023

Reported admin expense ratio · 2023
0.52%

Hyspan Precision Products, Inc. reported $144,133 in plan administrative expenses for 2023: 0.52% of average plan assets, higher than ~75% of peers. 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 1 year on file its reported administrative ratio fell from 1.32% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,820th-largest of 9,483 plans among California employers on file, and the 4,721st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$28,132,545
Participants with balances138
Active participants383
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$203,859
Benefits paid to participants$2,294,045
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$28.1M · 138 accts
2022$27.5M · 150 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,250
Investment management$120,883
Audit (IQPA)$10,000
Total administrative$144,133
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS · Investment management$120,883
ASCENSUS, INC. · Contract administrator$11,800
PENSION ASSURANCE LLP · Contract administrator$10,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024Not separately reported
2023$144,133 · 0.52%
2022$361,991 · 1.32%
All plans at this employer3
HYSPAN PRECISION PRODUCTS, INC. PROFIT SHARING PLANProfit-sharing plan
HYSPAN PRECISION PRODUCTS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
HYSPAN 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · California
Energy Recovery, Inc. CA$28.2M · 0.46%
Thinkom Solutions, Inc. CA$28.1M · 0.24%
Kyocera Sld Laser, Inc. CA$28.1M · 0.13%
Baker Commodities, Inc. CA$27.9M · 0.17%
Atx Networks (Dallas) Corp. CA$27.9M · 0.28%
Nongshim Holdings USA, Inc. CA$27.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952890599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.