Plan Ledger DOL Form 5500 · updated monthly

Hytrol Conveyor Co., Inc.401(k)

HYTROL CONVEYOR COMPANY, INC. 401(K) RETIREMENT PLAN · JONESBORO, AR · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Hytrol Conveyor Co., Inc. reported $300,943 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,078 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 fell from 0.54% to 0.49%. 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 61st-largest of 456 plans among Arkansas employers on file, and the 2,596th of 13,661 in manufacturing. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,152,156
Participants with balances1,303
Active participants1,190
Employer contributions$2,472,888
Employee contributions$3,597,553
Employer contribution per active participant$2,078
Average account balance$50,002
Benefits paid to participants$6,858,303
Plan auditUnmodified (clean) audit opinion
AuditorGOAD & COMPANY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$65.2M · 1,303 accts · $2.5M emplr
2023$57.1M · 1,367 accts · $2.4M emplr
2022$48.9M · 1,395 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$153,911
Investment management$147,032
Total administrative$300,943
The Hytrol Conveyor Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,078
Median for plans this size$3,635
2024$2,078 per active participant
2023$1,900 per active participant
2022$1,804 per active participant

Hytrol Conveyor Co., Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$153,911
FTB ADVISORS · Consulting$147,032
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$300,943 · 0.49%
2023$316,465 · 0.60%
2022$283,463 · 0.54%
All plans at this employer2
HYTROL CONVEYOR COMPANY, INC. 401(K) RETIREMENT PLAN401(k)
HYTROL CONVEYOR CO., INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Arkansas
Riceland Foods, Inc. AR$74.4M · 0.30%
Futurefuel Chemical Company AR$69.8M · 0.20%
Pace Industries LLC AR$57.0M · 0.35%
O.K. Foods, Inc. AR$42.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390915469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.