Hyperion Materials & Technologies, Inc. 401(k) Review & Grade
The Hyperion Retirement Plan
Columbus, OHManufacturing760 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,387Employer $ per active participant
$7,161Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$104.8MNet plan assets, end of year
$124,854Average balance per account
Score breakdown
- Employer generosity39.3 / 5079th percentile for employer $ per participant
- Low cost18.4 / 2574th percentile for low admin cost vs. same-size plans
- Employee saving11.2 / 1575th percentile for employee $ per participant
- Plan features7 / 10Auto-enrollment
Total score76 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 74th |
| Employee saving | 75th |
| 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
- Hyperion Materials & Technologies put in about $4,387 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 | $3,336,069 |
| Participant (employee) contributions | $5,445,916 |
| Other contributions (incl. rollovers in) | $1,105,199 |
| Administrative expenses paid from the plan | $101,262 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $11,881 |
| Benefits paid out | $13,066,060 |
| Net assets, start / end of year | $96.1M / $104.8M |
| Active participants, start / end of year | 754 / 767 |
| Participants with account balances | 839 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $59,641 reported compensation |
| Crowe LLP | $30,450 reported compensation |
| Strategic Advisors, Inc. | $11,881 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014195752NAL0001805139001, received 2025-10-14, EIN 35-2617074, plan #011, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.