Plan Ledger DOL Form 5500 · updated monthly

The Hanor Company of Wisconsin, LLC401(k)

THE HANOR COMPANY OF WISCONSIN, LLC 401(K) PLAN · ENID, OK · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

The Hanor Company of Wisconsin, LLC reported $4,817 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $419 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 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 250th-largest of 724 plans among Oklahoma employers on file, and the 245th of 945 in agriculture, forestry & fishing. In 2022, employees put in $3.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,063,624
Participants with balances355
Active participants458
Employer contributions$192,126
Employee contributions$760,864
Employer contribution per active participant$419
Average account balance$56,517
Benefits paid to participants$4,688,374
Plan auditUnmodified (clean) audit opinion
AuditorHONKAMP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 297 accts · $167K emplr
2023$19.9M · 318 accts · $180K emplr
2022$20.1M · 355 accts · $192K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,817
Total administrative$4,817
The The Hanor Company of Wisconsin, LLC 401(k) match · 2022
Employer contribution per active participant$419
Median for plans this size$2,266
2024$309 per active participant
2023$343 per active participant
2022$419 per active participant

The Hanor Company of Wisconsin, LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$5,169 · 0.03%
2023$5,405 · 0.03%
2022$4,817 · 0.02%
Same employer
Similar plansAgriculture, Forestry & Fishing · Oklahoma
Greenleaf Nursery Co. OK$35.8M · 0.17%
Koenig Equipment, Inc. OH$20.3M · 0.46%
Meadowland Farmers Coop MN$20.1M · 0.51%
Vital Farms Inc. TX$20.1M · 0.10%
Saticoy Lemon Association CA$20.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201776074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.