Hadco Metal Trading 401(k) match, vesting and fees
What Hadco Metal Trading's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Co | Schedule C ↗ |
| Independent auditor | Marcum (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| Hadco Metal Trading: employer contribution per participant | $1,379 | |
| Peer median | $1,988 |
| Hadco Metal Trading: average balance | $38,966 | |
| Peer median | $75,431 |
| Hadco Metal Trading: admin expenses ÷ assets | 0.87% | |
| Peer median | 0.31% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $5.7M at the end of plan year 2021 to $9.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 274 | $9.2M | $327K | $1,379 | 0.87% | Not published | Form 5500 ↗ |
| 2023 | 268 | $7.2M | $308K | $1,335 | 0.94% | Not published | Form 5500 ↗ |
| 2022 | 249 | $5.3M | $340K | $1,581 | 0.91% | Not published | Form 5500 ↗ |
| 2021 | 192 | $5.7M | $146K | $851 | 0.95% | Not published | Form 5500 ↗ |
Common questions
Does Hadco Metal Trading match 401(k) contributions?
The match terms for the Hadco Metal Trading Co., LLC 401k Plan have not been published from its filing yet. The plan year 2024 filing reports $327K in employer contributions, about $1,379 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Hadco Metal Trading 401(k) match vested?
The vesting schedule for the Hadco Metal Trading Co., LLC 401k Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Hadco Metal Trading 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Co. The plan administrator is Hadco Metal Trading Co., LLC.
I left Hadco Metal Trading. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Hadco Metal Trading Co., LLC, (718) 291-8060) or the recordkeeper, Principal Life Insurance Co. The Hadco Metal Trading old 401(k) page lists the contacts from every plan filing. Find an old Hadco Metal Trading 401(k)
Data from the public Form 5500 annual reports Hadco Metal Trading filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Hadco Metal Trading. Not financial advice. Report a correction · Methodology