Department of Labor filing
Spot something wrong?MICHAEL HILLMAN STATE FARM AGENC
MICHAEL HILLMAN STATE FARM AGENCY · For the plan year ended Dec 31, 2025
Public filing 2025 · received Jul 20, 2026Verified current terms Not available
Plan summary
What matters most
This plan has an employer contribution that still needs verification and vesting that still needs verification. Reported employer contributions rank below most comparable plans.
55Fair plan health
high confidence
high confidence
See what drives the plan health score
Published only when at least four measures and half of the model weight are available. Missing information is excluded rather than scored as zero.
Up 0.0% over the filing history shown.
Participation up 0.0% · assets up 0.0%
How the score works →Still to verify: vesting, employee fees, investment choices, eligibility, automatic enrollment, Roth availability. These items stay out of the summary until a dated source confirms them.
What this tells you: company-wide scale, reported employer support, participation activity, visible administrative cost, and historical direction.
Keep in mind: public filings do not show employee investment returns. Scores use only available measures; missing information lowers confidence, never the score. Current match, vesting, eligibility, investments, and employee-paid fees still require a current plan document.
Filing comparison · 202533out of 100 among similar-size plans in the same industry when enough peers exist
How this filing compares
Reported employer contributions17th percentileTypical peer $3,117 · based on 21,825 comparable plans
Lower reported administrative expense73rd percentileTypical peer $105 · based on 18,019 comparable plans
This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.
Peer-group method: industry size. The comparison used the most specific peer group with enough valid filings.
The short version
What employees should know
For the year ended Dec 31, 2025, MICHAEL HILLMAN STATE FARM AGENC reported $9,108 in employer contributions across this plan, or $1,012 per active participant. This is the best company-wide filing average available—not a promise of what any one employee receives.
Up 0.0% across the filing years shown. The filing does not report every employee who was eligible.
Change in employer contributions per active participant.
Change in reported administrative cost per participant. Fund expenses may be separate.
Compared with similarly sized plans in the same industry.
What this public record cannot answer
For the current match, vesting rules, eligibility, employee fees, and investment choices, we need a recent plan document. We leave those details blank until we have one.
Money and scale
Contributions, assets, and expenses
These are plan-wide totals. They are not individual account balances.
- Employer contributions
- $9,108 $1,012 per active participant
- Participant contributions
- $22,511
- Other contributions
- Not reported Amounts not classified as employer or participant contributions
- Employer share of contributions
- 28.8%
- Active participants
- 9 Small plan
- Total participants
- 9 7 at the beginning of the year
- Ending assets
- $72,242 $8,027 per participant
- Net-asset change
- Up 0.0% Not the same as investment performance
- Beginning net assets
- $49,412
- Ending net assets
- $72,242
- Beginning liabilities
- Not reported
- Ending liabilities
- Not reported
- Total income
- $41,515
- Total expenses
- $18,685
- Administrative expenses
- $250 $28 per active participant
- Participant loans
- Not reported Not reported of plan assets
Three-year filing history
How the reported figures changed
Each chart uses the selected public filing for that year. Missing values remain blank rather than becoming zero.
2025
$1,012
2025
$28
2025
9
2025
$72,242
2025
Not reported
| Plan year | Employer money per active participant | Active participants | Plan assets |
|---|---|---|---|
| 2025 | $1,012 | 9 | 72.2K |
Changes in plan assets are not the same as investment performance.
Plan health
Operational signals worth checking
- Participant loans as a share of plan assets
- Not reported
- Independent accountant’s opinion
- Not stated in the filing
- Late participant contributions reported
- Not reportedA “yes” needs context and is not, by itself, proof of wrongdoing.
- Loan defaults reported
- Not reported
- Lease defaults reported
- Not reportedOnly a small number of filings report these events.
- Nonexempt transactions reported
- Not reported
- Public plan identifier
- 810699318-001
Reported plan details
Identity and filing status
- Plan type
- Retirement plan
- Employer arrangement
- 1
- Plan effective date
- Jun 1, 2021
- Industry
- Finance and insurance
- Amended filing
- No
- Final filing for this plan
- No
- Short plan year
- No
- 401(k) feature reported
- Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D
Company filings
What the company has told the SEC about this plan
We found these passages in official company filings. They may help explain the plan, but we do not treat them as current benefits until the wording and date have been checked.
10-K · report period Dec 27, 2025Hillman Solutions Corp. — 10-K filed 2026-02-17 ↗
Official filing · details not yet checkedWhat it says about vesting
ary and commissions and up to 100% of bonuses. Prior to 2021, the Company contributed a matching contribution of 25% on the first $10 of employee deferrals, subject to a five-year vesting schedule. As of December 27, 2025 and December 28, 2024, the Company's Consolidated Balance Sheets included $ 847 and $ 796 , respectively, in restricted investments representing the assets held in mutual funds to fund deferred compensation liabilities owed to the Company's current and former employees. The current portion of the restricted investments was $ 15 and $ 17 as of December 27, 2025 and December 28, 2024, respectively, and is included in other current assets on the accompanying Consolidated Balance Sheets. The assets held in the NQDC are classified as an investment in trading securities, accord
What it says about fees
0.0% $ 1,476,477 100.0% Cost of sales (exclusive of depreciation and amortization shown separately below) 795,875 51.3% 764,691 51.9% 828,956 56.1% Selling, warehouse, general and administrative expenses 502,000 32.3% 488,702 33.2% 452,110 30.6% Depreciation 79,870 5.1% 68,766 4.7% 59,331 4.0% Amortization 61,232 3.9% 61,274 4.2% 62,309 4.2% Other (income) expense, net (722) —% 361 —% 12,843 0.9% Income from operations 113,969 7.3% 88,801 6.0% 60,928 4.1% Interest expense, net 56,467 3.6% 59,241 4.0% 68,310 4.6% Refinancing costs 906 0.1% 3,008 0.2% — —% Income (loss) before income taxes 56,596 3.6% 26,552 1.8% (7,382) (0.5)% Income tax expense 16,291 1.0% 9,297 0.6% 2,207 0.1% Net income (loss) $ 40,305 2.6% $ 17,255 1.2% $ (9,589) (0.6)% Adjusted EBITDA (1) 275,317 17.7% 241,753 16.4% 21
Current plan terms
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Filing evidence
Open the selected public records
We use the latest valid received filing for each year after resolving amendments and duplicate records. Open the source to check the original filing.
Filing ACK_ID20260720024824NAL0011050160001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗