Plan Ledger DOL Form 5500 · updated monthly

J.M. Huber Corporation401(k)

J.M. HUBER COPORATION 401(K) SAVINGS PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

J.M. Huber Corporation reported $886,252 in plan administrative expenses for 2023: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $11,409 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 0.08% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other manufacturing employers. By assets it is the 56th-largest of 2,160 plans among Georgia employers on file, and the 434th of 13,661 in manufacturing. In 2023, the employer put in $1.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$713,557,434
Participants with balances3,375
Active participants2,337
Employer contributions$26,662,029
Employee contributions$21,511,864
Employer contribution per active participant$11,409
Average account balance$211,424
Benefits paid to participants$68,172,222
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$692.4M · 3,112 accts · $25.9M emplr
2023$713.6M · 3,375 accts · $26.7M emplr
2022$633.5M · 3,224 accts · $26.5M emplr
The J.M. Huber Corporation 401(k) match · 2023
Employer contribution per active participant$11,409
Median for plans this size$4,362
2024$11,314 per active participant
2023$11,409 per active participant
2022$11,345 per active participant

J.M. Huber Corporation's 2023 employer contribution ran above the $4,362 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
VOYA INSTITUTIONAL PLAN SERVICES · Other services$289,217
STATE STREET BANK & TRUST COMPANY · Trustee (directed)$277,277
TOWERS WATSON · Investment advisory (plan)$174,564
VOYA INSTITUTIONAL TRUST COMPANY · Trustee · Trustee (directed)$85,344
EISNER AMPER, LLC · Accounting / audit$59,850

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$672,456 · 0.10%
2023$886,252 · 0.13%
2022$543,250 · 0.08%
Same employer
Similar plansManufacturing · Georgia
Ucb Holdings, Inc. GA$979.7M · 0.03%
Flowers Foods, Inc. GA$959.4M · 0.10%
Agco Corporation GA$757.3M · 0.08%
The Quikrete Companies GA$622.1M · 0.20%
Southwire Company, LLC GA$506.0M · 0.16%
Rheem Manufacturing Company GA$469.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 130860350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.