Plan Ledger DOL Form 5500 · updated monthly

Jack Hilliard Distributing Company, Inc.401(k)

JACK HILLIARD DISTRIBUTING COMPANY, INC. 401(K) PLAN · TEMPLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Jack Hilliard Distributing Company, Inc. reported $52,649 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $996 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 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (2,857th of 5,688), and 2,724th of 4,246 in wholesale trade. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 217 to 300 since 2022.

Plan summary
Net assets, end of year$11,568,312
Participants with balances158
Active participants300
Employer contributions$298,766
Employee contributions$682,685
Employer contribution per active participant$996
Average account balance$73,217
Benefits paid to participants$1,099,936
Plan auditUnmodified (clean) audit opinion
AuditorBROCKWAY,GERSBACH,FRANKLIN&NIEMEIER
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 158 accts · $299K emplr
2023$10.3M · 144 accts · $333K emplr
2022$10.0M · 140 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,649
Total administrative$52,649
The Jack Hilliard Distributing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$996
Median for plans this size$2,416
2024$996 per active participant
2023$1,289 per active participant
2022$1,432 per active participant

Jack Hilliard Distributing Company, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
JOHN HANCOCK · Recordkeeping · Loan processing$733
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$51,916
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$52,649 · 0.48%
2023$55,091 · 0.54%
2022$58,913 · 0.49%
Same employer
Similar plansWholesale Trade · Texas
Petroleum Wholesale, L.P. TX$11.7M · 0.65%
Vector Controls, LLC TX$11.7M · 0.31%
Earl Owen Company, Inc. TX$11.6M · 0.55%
Parrish & Company, Inc. TX$11.6M · 0.43%
Documation, Inc. TX$11.4M · 0.51%
Act Pipe and Supply, Inc. TX$11.3M · 0.12%
Enduro Composites, Inc. TX$11.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741460263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.