Plan Ledger DOL Form 5500 · updated monthly

The Hershey Company401(k)

THE HERSHEY COMPANY 401(K) PLAN · HERSHEY, PA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

The Hershey Company reported $1,822,561 in plan administrative expenses for 2024: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,211 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 0.07% to 0.09%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 35th-largest of 3,651 plans among Pennsylvania employers on file, and the 158th of 13,661 in manufacturing. In 2024, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,133,137,186
Participants with balances15,958
Active participants11,915
Employer contributions$62,085,595
Employee contributions$84,775,293
Employer contribution per active participant$5,211
Average account balance$133,672
Benefits paid to participants$278,898,660
Plan auditUnmodified (clean) audit opinion
AuditorBANKS, FINLEY, WHITE & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$2.1B · 15,958 accts · $62.1M emplr
2023$2.0B · 15,872 accts · $62.2M emplr
2022$1.8B · 15,162 accts · $51.2M emplr
The The Hershey Company 401(k) match · 2024
Employer contribution per active participant$5,211
Median for plans this size$5,259
2024$5,211 per active participant
2023$5,416 per active participant
2022$4,690 per active participant

The Hershey Company's 2024 employer contribution ran below the $5,259 median for plans its size. 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 · 20245
FINANCIAL ENGINES · Investment advisory (plan)$909,003
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$479,613
TOWERS WATSON INVESTMENT SERVICES · Pension consulting · Investment management$383,680
BANKS FINLEY WHITE AND CO · Accounting / audit$31,090
GROOM LAW GROUP · Legal$16,526

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$1,822,561 · 0.09%
2023$1,536,034 · 0.08%
2022$1,324,028 · 0.07%
All plans at this employer2
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Same employer
Similar plansManufacturing · Pennsylvania
Ppg Industries, Inc. PA$4.3B · 0.08%
Kraft Heinz Foods Company PA$3.9B · 0.03%
Ametek, Inc. PA$1.9B · 0.08%
Saint-Gobain Corporation PA$1.8B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230691590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.