Plan Ledger DOL Form 5500 · updated monthly

The Honey Baked Ham Company, LLC401(k)

THE HONEY BAKED HAM COMPANY, LLC 401K PLAN AND TRUST · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

The Honey Baked Ham Company, LLC reported $43,966 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $318 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 0.11% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 572nd-largest of 2,160 plans among Georgia employers on file, and the 841st of 5,215 in retail trade. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 1,496 to 4,415 since 2022.

Plan summary
Net assets, end of year$37,413,345
Participants with balances736
Active participants4,415
Employer contributions$1,402,235
Employee contributions$2,937,314
Employer contribution per active participant$318
Average account balance$50,833
Benefits paid to participants$5,972,378
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.4M · 736 accts · $1.4M emplr
2023$33.5M · 643 accts · $1.2M emplr
2022$28.6M · 568 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,966
Total administrative$43,966
The The Honey Baked Ham Company, LLC 401(k) match · 2024
Employer contribution per active participant$318
Median for plans this size$2,416
2024$318 per active participant
2023$325 per active participant
2022$706 per active participant

The Honey Baked Ham Company, LLC's 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$43,966

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$43,966 · 0.12%
2023$51,855 · 0.17%
2022$33,240 · 0.11%
Same employer
Similar plansRetail Trade · Georgia
Ag-Pro, LLC GA$45.2M · 0.70%
Erbe USA, Incorporated GA$33.1M · 0.06%
Cherokee Ford, Inc. GA$29.6M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473373810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.