Plan Ledger DOL Form 5500 · updated monthly

The Hilliard Corporation401(k)

THE HILLIARD CORPORATION SAVINGS & INVESTMENT PLAN · ELMIRA, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

The Hilliard Corporation reported $175,210 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,052 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 0.00% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,301st-largest of 5,648 plans among New York employers on file, and the 2,989th of 13,661 in manufacturing. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 149 to 256 since 2022.

Plan summary
Net assets, end of year$53,786,585
Participants with balances361
Active participants256
Employer contributions$781,339
Employee contributions$1,214,313
Employer contribution per active participant$3,052
Average account balance$148,993
Benefits paid to participants$3,012,376
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.8M · 361 accts · $781K emplr
2023$47.2M · 209 accts · $871K emplr
2022$40.3M · 210 accts · $751K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$175,210
Total administrative$175,210
The The Hilliard Corporation 401(k) match · 2024
Employer contribution per active participant$3,052
Median for plans this size$3,635
2024$3,052 per active participant
2023$5,810 per active participant
2022$5,038 per active participant

The Hilliard Corporation's 2024 employer contribution ran below the $3,635 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 · 20241
CHEMUNG CANAL TRUST COMPANY · Contract administrator · Recordkeeping$175,210

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024CHEMUNG CANAL TRUST COMPANY
2023CHEMUNG CANAL TRUST COMPANY

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$175,210 · 0.35%
2023$109,034 · 0.25%
2022$1,506 · 0.00%
All plans at this employer2
THE HILLIARD CORPORATION SAVINGS & INVESTMENT PLAN401(k)
THE HILLIARD CORPORATION-UNION SAVINGS & INVESTMENT PLAN401(k)
Same employer
Similar plansManufacturing · New York
Latham Pool Products, Inc. NY$56.3M · 0.45%
Cxtec Inc. NY$55.5M · 0.17%
L & J.G. Stickley, Inc. NY$53.4M · 0.10%
Oliver Packaging, LLC NY$53.3M · 0.35%
Apple Rubber Products, Inc. NY$53.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160480520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.