Department of Labor filing

HUTCHINSON TECHNOLOGY INCORPORATED

HUTCHINSON TECHNOLOGY INCORPORATED 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 9, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

82filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$5,737

Reported employer contributions per active participant.

Higher than about 82% of comparable plans

#People in the filing

Active participants reported for 2024.

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

¢Visible plan-paid fees

$34 / participant

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

Lower cost than about 82% of comparable plans

↗Investment performance

Not available

Plan assets changed -5.3%, 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 · 202482out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions82nd percentileTypical peer $2,648 · based on 65 comparable plans

Lower reported administrative expense82nd percentileTypical peer $225 · based on 71 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, HUTCHINSON TECHNOLOGY INCORPORATED reported $344,239 in employer contributions across the plan and 60 active participants. That works out to $5,737 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 proxy7%

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 101.3%

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

Expense trendDown 15.3%

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

Peer context82/100

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: $344,239
Participant contributions: $1,067,773
Other contributions: $5,531
Employer share of reported contributions: 24.4%
Beginning assets: $218,681,700
Ending assets: $207,066,907
Ending net assets: $207,066,907
Ending liabilities: $0
Total income: $29,232,833
Total expenses: $40,847,626
Administrative expenses: $37,119
Participant loans: $317,800

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

$2,850

2023

$5,067

2024

$5,737

Plan-paid administrative expenses per participant

2022

$40

2023

$38

2024

$34

Active participants

2022

502

2023

179

2024

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$5,737	60	207.1M	20251009210640NAL0003872035001
2023	$5,067	179	218.7M	20241005021121NAL0021017968001
2022	$2,850	502	217.6M	20231012091005NAL0020990291001

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: 0.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 410901840-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Aug 1, 1987
Industry: Industry group 334
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2G2J2K2R2S2T3H2E2F

Current plan terms

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Filing ACK_ID20251009210640NAL0003872035001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗