Hydrite Chemical Co. 401(k) Review & Grade
Chemical Employees' 401(k) Plan
Brookfield, WIManufacturing1,016 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$9,006Employer $ per active participant
$8,673Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$268.2MNet plan assets, end of year
$174,050Average balance per account
Score breakdown
- Employer generosity47.5 / 5095th percentile for employer $ per participant
- Low cost19.0 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving12.6 / 1584th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score89 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 95th |
| Lower admin cost | 76th |
| Employee saving | 84th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Hydrite Chemical put in about $9,006 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $9,145,305 |
| Participant (employee) contributions | $8,807,644 |
| Other contributions (incl. rollovers in) | $1,806,608 |
| Administrative expenses paid from the plan | $236,804 |
| Contract administrator fees | $81,793 |
| Investment advisory & management fees | $145,016 |
| Other admin expenses | $9,995 |
| Benefits paid out | $25,455,492 |
| Net assets, start / end of year | $244.6M / $268.2M |
| Active participants, start / end of year | 1,016 / 1,015 |
| Participants with account balances | 1,541 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Creative Planning, LLC | $101,287 reported compensation |
| Principal Life Insurance Company | $81,793 reported compensation |
| Francis Investment Counsel LLC | $53,839 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015114806NAL0002350979001, received 2025-10-15, EIN 39-0364390, plan #008, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.