401k Record

Employers › Hillenbrand

Hillenbrand 401(k)

Recordkeeping fees per participant · Process Equipment Group 401(k) Savings Plan · plan year 2024

$28.87

Higher than 25% of the 1,697 plans $250M to 1B that report it.

Source

= $122,109 / 4,229
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250722120522NAL0002720577001, received 2025-07-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250722120522NAL0002720577001, received 2025-07-22

10th: $11.56median $49.9890th: $89.63

Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-22.

Cost and contributions

Administrative expenses excluding investment management, per participant

$29.09

10th: $18.52median $67.2190th: $147.71

Higher than 16% of the 2,324 plans $250M to 1B that report it.

Source

= $123,009 / 4,229
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250722120522NAL0002720577001, received 2025-07-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250722120522NAL0002720577001, received 2025-07-22

Administrative expenses per participant

$53.42

10th: $27.95median $88.2590th: $203.68

Higher than 23% of the 2,405 plans $250M to 1B that report it.

Source

= $225,893 / 4,229
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250722120522NAL0002720577001, received 2025-07-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250722120522NAL0002720577001, received 2025-07-22

Administrative expenses as a share of assets

0.041%

10th: 0.018%median 0.073%90th: 0.183%

Higher than 26% of the 2,407 plans $250M to 1B that report it.

Source

= $225,893 / $545,088,903
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250722120522NAL0002720577001, received 2025-07-22
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250722120522NAL0002720577001, received 2025-07-22

Employer contributions per participant

$2,487

10th: $1,169median $3,07390th: $8,346

Higher than 37% of the 2,457 plans $250M to 1B that report it.

Source

= $10,517,596 / 4,229
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250722120522NAL0002720577001, received 2025-07-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250722120522NAL0002720577001, received 2025-07-22

Employer share of total contributions

34.5%

10th: 17.5%median 31.1%90th: 48.7%

Higher than 62% of the 2,459 plans $250M to 1B that report it.

Source

= $10,517,596 / $30,485,191
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250722120522NAL0002720577001, received 2025-07-22
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250722120522NAL0002720577001, received 2025-07-22

Plan terms, as stated in Hillenbrand, Inc.'s SEC filings

Vesting

“Company contributions generally vest over a period of zero to three years.”

Form 10-K filed 2025-11-19, for the year ended 2025-09-30 · benefits note, 10-K benefits note · source document

Terms quoted from the filing for the year ended 2025-09-30. Figures cover plan year 2024. The plan document governs.

Plan features

2F ERISA 404(c) plan · 2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250722120522NAL0002720577001, received 2025-07-22

Full record, Process Equipment Group 401(k) Savings Plan

FieldValueSource
Plan sponsorHILLENBRAND, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250722120522NAL0002720577001, received 2025-07-22
Plan namePROCESS EQUIPMENT GROUP 401(K) SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250722120522NAL0002720577001, received 2025-07-22
Sponsor EIN / plan number26-1342272 / 007Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250722120522NAL0002720577001, received 2025-07-22
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250722120522NAL0002720577001, received 2025-07-22
Sponsor locationBATESVILLE, INForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250722120522NAL0002720577001, received 2025-07-22
Industry (business code)551112, Management of companies and enterprisesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250722120522NAL0002720577001, received 2025-07-22
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250722120522NAL0002720577001, received 2025-07-22
Filing received2025-07-22Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250722120522NAL0002720577001, received 2025-07-22
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250722120522NAL0002720577001, received 2025-07-22
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250722120522NAL0002720577001, received 2025-07-22
Participants, beginning of year3,358Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250722120522NAL0002720577001, received 2025-07-22
Active participants2,940Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250722120522NAL0002720577001, received 2025-07-22
Participants, end of year4,432Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250722120522NAL0002720577001, received 2025-07-22
Participants with an account balance4,229Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250722120522NAL0002720577001, received 2025-07-22
Total assets, beginning of year$511,724,971Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250722120522NAL0002720577001, received 2025-07-22
Total assets, end of year$545,088,903Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250722120522NAL0002720577001, received 2025-07-22
Net assets, end of year$545,088,903Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250722120522NAL0002720577001, received 2025-07-22
Total income$77,291,536Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250722120522NAL0002720577001, received 2025-07-22
Net income$28,652,629Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250722120522NAL0002720577001, received 2025-07-22
Employer contributions$10,517,596Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250722120522NAL0002720577001, received 2025-07-22
Participant contributions$15,854,542Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250722120522NAL0002720577001, received 2025-07-22
Other contributions (incl. rollovers)$4,113,053Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250722120522NAL0002720577001, received 2025-07-22
Total contributions$30,485,191Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250722120522NAL0002720577001, received 2025-07-22
Benefit payments$48,409,359Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250722120522NAL0002720577001, received 2025-07-22
Total expenses (incl. benefit payments)$48,638,907Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250722120522NAL0002720577001, received 2025-07-22
Total administrative expenses$225,893Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250722120522NAL0002720577001, received 2025-07-22
Contract administrator fees$900Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250722120522NAL0002720577001, received 2025-07-22
Recordkeeping fees$122,109Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250722120522NAL0002720577001, received 2025-07-22
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250722120522NAL0002720577001, received 2025-07-22
Investment advisory and management fees$102,884Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250722120522NAL0002720577001, received 2025-07-22
Administrative expenses excluding investment management$123,009derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250722120522NAL0002720577001, received 2025-07-22
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250722120522NAL0002720577001, received 2025-07-22
Held in common/collective trusts$434,442,496Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250722120522NAL0002720577001, received 2025-07-22
Held in mutual funds$104,602,161Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250722120522NAL0002720577001, received 2025-07-22
Independent auditorKATZ SAPPER & MILLER LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250722120522NAL0002720577001, received 2025-07-22

Position = column in the DOL layout for form year 2024. Filing 20250722120522NAL0002720577001, received 2025-07-22.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER/PLAN ADMINIS 14 Plan administrator; 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees $123,009yes
STRATEGIC ADVISORS, INC.ADVISOR 27 Investment advisory (plan) $102,884no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250722120522NAL0002720577001, received 2025-07-22.

What changed since the 2023 plan year

Figure20232024Change
Total assets$511,724,971$545,088,9036.5%
Participants with a balance3,3364,22926.8%
Administrative expenses$497,306$225,893-54.6%
Recordkeeping fees per participant$67.96$28.87-57.5%
Employer contributions$16,218,694$10,517,596-35.2%

Prior filing 20240924091517NAL0004587603001, received 2024-09-24; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: HILLENBRAND, INC.; SEC registrant: Hillenbrand, Inc. (CIK 1417398, matched by EIN; display name from the Form 10-K cover).