Plan Ledger DOL Form 5500 · updated monthly

The Hiller Companies, LLC.401(k)

THE HILLER COMPANIES DEFINED CONTRIBUTION PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

The Hiller Companies, LLC. reported $173,224 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,782 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 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 104th-largest of 902 plans among Alabama employers on file, and the 240th of 786 in management of companies. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 1,431 to 1,785 since 2022.

Plan summary
Net assets, end of year$69,433,884
Participants with balances1,807
Active participants1,785
Employer contributions$3,180,884
Employee contributions$7,497,338
Employer contribution per active participant$1,782
Average account balance$38,425
Benefits paid to participants$7,341,168
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.4M · 1,807 accts · $3.2M emplr
2023$56.5M · 1,559 accts · $2.4M emplr
2022$44.2M · 1,413 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$173,224
Total administrative$173,224
The The Hiller Companies, LLC. 401(k) match · 2024
Employer contribution per active participant$1,782
Median for plans this size$3,635
2024$1,782 per active participant
2023$1,602 per active participant
2022$216 per active participant

The Hiller Companies, LLC.'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$175,708

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$173,224 · 0.28%
2023$137,314 · 0.27%
2022$8,667 · 0.02%
All plans at this employer2
THE HILLER COMPANIES DEFINED CONTRIBUTION PLAN401(k)
THE CONTRACTORS RETIREMENT PLANProfit-sharing plan
Same employer
Similar plansManagement of Companies · Alabama
Vhc, Inc. WI$74.2M · 0.01%
Hendricks Holding Co., Inc. WI$73.6M · 0.33%
Ceva U.S. Holdings, Inc. KS$71.0M · 0.25%
Mercalis Inc NC$69.2M · 0.34%
Crest Industries, LLC LA$68.2M · 0.09%
United Bank of Iowa IA$67.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320372812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.