Department of Labor filing

HOFFER PLASTICS CORPORATION

HOFFER PLASTICS CORPORATION PROFIT SHARING AND 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jul 31, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

67filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$4,367

Reported employer contributions per active participant.

Higher than about 90% of comparable plans

#People in the filing

292

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$299 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 12% of comparable plans

↗Investment performance

Not available

Plan assets changed 4.1%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202467out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions90th percentileTypical peer $1,735 · based on 443 comparable plans

Lower reported administrative expense12th percentileTypical peer $150 · based on 447 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, HOFFER PLASTICS CORPORATION reported $1,275,250 in employer contributions across the plan and 292 active participants. That works out to $4,367 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy76%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 13.2%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 15.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context67/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,275,250
Participant contributions: $1,698,850
Other contributions: $315,763
Employer share of reported contributions: 42.9%
Beginning assets: $59,751,332
Ending assets: $62,184,469
Ending net assets: $62,184,469
Ending liabilities: $0
Total income: $10,174,273
Total expenses: $7,741,136
Administrative expenses: $117,824
Participant loans: $807,011

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,857

2023

$1,898

2024

$4,367

Plan-paid administrative expenses per participant

2022

$354

2023

$239

2024

$299

Active participants

2022

324

2023

313

2024

292

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$4,367	292	62.2M	20250731094826NAL0005834913001
2023	$1,898	313	59.8M	20240820134213NAL0005998418001
2022	$3,857	324	52M	20230727143842NAL0012329345001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 362347537-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Nov 30, 1962
Industry: Industry group 326
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20250731094826NAL0005834913001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗