Plan Ledger DOL Form 5500 · updated monthly

The H.T. Hackney Co.401(k)

THE H.T. HACKNEY CO. EMPLOYEES PROFIT SHARING RETIREMENT PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

The H.T. Hackney Co. reported $260,767 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $442 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 0.02% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 137th-largest of 1,496 plans among Tennessee employers on file, and the 348th of 4,246 in wholesale trade. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 2,843 to 4,846 since 2022.

Plan summary
Net assets, end of year$125,325,010
Participants with balances2,168
Active participants4,846
Employer contributions$2,140,833
Employee contributions$5,539,600
Employer contribution per active participant$442
Average account balance$57,807
Benefits paid to participants$16,613,223
Plan auditUnmodified (clean) audit opinion
AuditorPUGH CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$125.3M · 2,168 accts · $2.1M emplr
2023$120.4M · 2,195 accts · $2.0M emplr
2022$105.9M · 2,388 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,553
Investment management$169,214
Total administrative$260,767
The The H.T. Hackney Co. 401(k) match · 2024
Employer contribution per active participant$442
Median for plans this size$3,635
2024$442 per active participant
2023$636 per active participant
2022$671 per active participant

The H.T. Hackney Co.'s 2024 employer contribution ran below the $3,635 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 · 20243
RATHER & KITTRELL INC · Investment advisory (plan)$127,400
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,688

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$260,767 · 0.21%
2023$92,833 · 0.08%
2022$17,900 · 0.02%
Same employer
Similar plansWholesale Trade · Tennessee
Orgill, Inc. TN$275.3M · 0.14%
Nexair, LLC TN$164.0M · 0.14%
Highline Warren LLC TN$80.5M · 0.09%
Radio Systems Corporation TN$78.7M · 0.22%
Ingram Entertainment Inc. TN$70.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620222535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.