Plan Ledger DOL Form 5500 · updated monthly

Robert C. Hatton, Inc.401(k)

ROBERT C. HATTON, INC. PROFIT SHARING PLAN · PAHOKEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Robert C. Hatton, Inc. reported $1,616 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $592 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 0.04% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Florida (3,072nd of 3,644), and 793rd of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 170 to 152 since 2022.

Plan summary
Net assets, end of year$2,186,809
Participants with balances103
Active participants152
Employer contributions$90,000
Employee contributions$201,384
Employer contribution per active participant$592
Average account balance$21,231
Benefits paid to participants$86,942
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 103 accts · $90K emplr
2023$1.8M · 100 accts
2022$1.4M · 100 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,616
Total administrative$1,616
The Robert C. Hatton, Inc. 401(k) match · 2024
Employer contribution per active participant$592
Median for plans this size$1,313
2024$592 per active participant
2022$529 per active participant

Robert C. Hatton, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
THE AIMPOINT GROUP, LLC · Other servicesindirect 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$1,616 · 0.08%
2023$460 · 0.03%
2022$598 · 0.04%
Similar plansAgriculture, Forestry & Fishing · Florida
Harrell's Nursery, Inc. FL$2.8M · 1.50%
Freshfields Farm, Inc. FL$2.6M · 0.07%
J & J Produce, Inc FL$2.1M · 0.96%
Worldwide Primates, Inc. FL$2.0M · 0.31%
May Nursery, Inc. FL$1.9M · 0.16%
American Farms, LLC FL$1.8M · 1.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591116726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.