Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Hershey › plan 011
The Hershey Company Puerto Rico 401(k) Plan
- Sponsor Hershey
- Plan number 011
- Plan year 2023
- $1-10M in assets
- single-employer
Administrative expenses excluding investment management, per participant · The Hershey Company Puerto Rico 401(k) Plan · plan year 2023
$473.27
Higher than 99% of the 17,126 plans $1 to 10M that report it.
Source
= $33,602 / 71
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241011073812NAL0010703187001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011073812NAL0010703187001, received 2024-10-11
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-10-11.
Cost and contributions
Administrative expenses per participant
$473.27
Higher than 97% of the 17,762 plans $1 to 10M that report it.
Source
= $33,602 / 71
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011073812NAL0010703187001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011073812NAL0010703187001, received 2024-10-11
Administrative expenses as a share of assets
0.665%
Higher than 68% of the 17,798 plans $1 to 10M that report it.
Source
= $33,602 / $5,055,117
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011073812NAL0010703187001, received 2024-10-11
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241011073812NAL0010703187001, received 2024-10-11
Employer contributions per participant
$2,558
Higher than 86% of the 15,688 plans $1 to 10M that report it.
Source
= $181,615 / 71
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011073812NAL0010703187001, received 2024-10-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011073812NAL0010703187001, received 2024-10-11
Employer share of total contributions
46.2%
Higher than 92% of the 15,721 plans $1 to 10M that report it.
Source
= $181,615 / $392,753
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011073812NAL0010703187001, received 2024-10-11
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241011073812NAL0010703187001, received 2024-10-11
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 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 · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241011073812NAL0010703187001, received 2024-10-11
Full record, The Hershey Company Puerto Rico 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | THE HERSHEY COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Plan name | THE HERSHEY COMPANY PUERTO RICO 401K PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Sponsor EIN / plan number | 23-0691590 / 011 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Sponsor location | HERSHEY, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Industry (business code) | 311300, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Plan year | 2023-01-01 to 2023-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Filing received | 2024-10-11 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Participants, beginning of year | 70 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Active participants | 44 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Participants, end of year | 73 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Participants with an account balance | 71 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Total assets, beginning of year | $4,471,026 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Total assets, end of year | $5,055,117 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Net assets, end of year | $5,042,270 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Total income | $1,017,490 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Net income | $583,529 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Employer contributions | $181,615 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Participant contributions | $180,321 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Other contributions (incl. rollovers) | $30,817 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Total contributions | $392,753 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Benefit payments | $400,359 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Total expenses (incl. benefit payments) | $433,961 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Total administrative expenses | $33,602 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Administrative expenses excluding investment management | $33,602 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Held in common/collective trusts | $4,497,159 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Held in mutual funds | $378,050 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241011073812NAL0010703187001, received 2024-10-11 |
| Independent auditor | BANKS FINLEY WHITE & CO | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241011073812NAL0010703187001, received 2024-10-11 |
Position = column in the DOL layout for form year 2023. Filing 20241011073812NAL0010703187001, received 2024-10-11.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FID INV INST OPS COrecordkeeper | NONE | 15 Recordkeeping and information management; 50 Direct payment from the plan; 64 Recordkeeping fees; 65 Account maintenance fees | $20,163 | yes |
| BANCO POPULARrecordkeeper | NONE | 15 Recordkeeping and information management; 50 Direct payment from the plan | $12,583 | no |
| TOWERS WATSON INVESTMENT SERVICES, | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $294 | no |
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 20241011073812NAL0010703187001, received 2024-10-11.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.