401k Record

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Hexcel Corporation 401(k) Retirement Savings Plan

Recordkeeping fees per participant · Hexcel Corporation 401(k) Retirement Savings Plan · plan year 2024

$13.16

Higher than 11% of the 1,697 plans $250M to 1B that report it.

Source

= $48,143 / 3,657
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015133009NAL0002366739001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015133009NAL0002366739001, received 2025-10-15

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 2025-10-15.

Cost and contributions

Administrative expenses excluding investment management, per participant

$14.49

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

Higher than 8% of the 2,324 plans $250M to 1B that report it.

Source

= $53,001 / 3,657
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015133009NAL0002366739001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015133009NAL0002366739001, received 2025-10-15

Administrative expenses per participant

$36.15

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

Higher than 13% of the 2,405 plans $250M to 1B that report it.

Source

= $132,195 / 3,657
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015133009NAL0002366739001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015133009NAL0002366739001, received 2025-10-15

Administrative expenses as a share of assets

0.025%

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

Higher than 15% of the 2,407 plans $250M to 1B that report it.

Source

= $132,195 / $527,046,379
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015133009NAL0002366739001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015133009NAL0002366739001, received 2025-10-15

Employer contributions per participant

$5,009

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

Higher than 73% of the 2,457 plans $250M to 1B that report it.

Source

= $18,319,406 / 3,657
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015133009NAL0002366739001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015133009NAL0002366739001, received 2025-10-15

Employer share of total contributions

47.2%

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

Higher than 88% of the 2,459 plans $250M to 1B that report it.

Source

= $18,319,406 / $38,783,929
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015133009NAL0002366739001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015133009NAL0002366739001, received 2025-10-15

97.6% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $79,787 ($57.97 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.

Plan features

2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015133009NAL0002366739001, received 2025-10-15

Full record, Hexcel Corporation 401(k) Retirement Savings Plan

FieldValueSource
Plan sponsorHEXCEL CORPORATIONForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015133009NAL0002366739001, received 2025-10-15
Plan nameHEXCEL CORPORATION 401(K) RETIREMENT SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251015133009NAL0002366739001, received 2025-10-15
Sponsor EIN / plan number94-1109521 / 003Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015133009NAL0002366739001, received 2025-10-15
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015133009NAL0002366739001, received 2025-10-15
Sponsor locationSTAMFORD, CTForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015133009NAL0002366739001, received 2025-10-15
Industry (business code)326100, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015133009NAL0002366739001, received 2025-10-15
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015133009NAL0002366739001, received 2025-10-15
Filing received2025-10-15Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015133009NAL0002366739001, received 2025-10-15
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015133009NAL0002366739001, received 2025-10-15
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251015133009NAL0002366739001, received 2025-10-15
Participants, beginning of year3,528Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015133009NAL0002366739001, received 2025-10-15
Active participants2,914Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015133009NAL0002366739001, received 2025-10-15
Participants, end of year3,699Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015133009NAL0002366739001, received 2025-10-15
Participants with an account balance3,657Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015133009NAL0002366739001, received 2025-10-15
Total assets, beginning of year$480,711,881Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015133009NAL0002366739001, received 2025-10-15
Total assets, end of year$527,046,379Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015133009NAL0002366739001, received 2025-10-15
Net assets, end of year$527,046,379Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015133009NAL0002366739001, received 2025-10-15
Total income$113,836,212Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015133009NAL0002366739001, received 2025-10-15
Net income$46,400,319Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015133009NAL0002366739001, received 2025-10-15
Employer contributions$18,319,406Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015133009NAL0002366739001, received 2025-10-15
Participant contributions$19,021,303Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015133009NAL0002366739001, received 2025-10-15
Other contributions (incl. rollovers)$1,443,220Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015133009NAL0002366739001, received 2025-10-15
Total contributions$38,783,929Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015133009NAL0002366739001, received 2025-10-15
Benefit payments$67,268,050Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015133009NAL0002366739001, received 2025-10-15
Total expenses (incl. benefit payments)$67,435,893Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015133009NAL0002366739001, received 2025-10-15
Total administrative expenses$132,195Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015133009NAL0002366739001, received 2025-10-15
Contract administrator fees$1,500Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015133009NAL0002366739001, received 2025-10-15
Recordkeeping fees$48,143Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015133009NAL0002366739001, received 2025-10-15
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015133009NAL0002366739001, received 2025-10-15
Investment advisory and management fees$79,194Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015133009NAL0002366739001, received 2025-10-15
Administrative expenses excluding investment management$53,001derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015133009NAL0002366739001, received 2025-10-15
Held in master trusts$514,499,882Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015133009NAL0002366739001, received 2025-10-15
Held in common/collective trusts$0Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015133009NAL0002366739001, received 2025-10-15
Held in mutual funds$0Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015133009NAL0002366739001, received 2025-10-15
Independent auditorUHY LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015133009NAL0002366739001, received 2025-10-15

Position = column in the DOL layout for form year 2024. Filing 20251015133009NAL0002366739001, received 2025-10-15.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
STRATEGIC ADVISORS, INC.ADVISOR 27 Investment advisory (plan) $79,194no
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 25 Trustee (directed); 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees $53,387no

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 20251015133009NAL0002366739001, received 2025-10-15.

Master trust

HEXCEL CORPORATION MASTER TRUST (EIN 941109521, PN 011): plan interest $514,499,882, 97.5% of the trust. The trust's own filing (20251015102556NAL0002142851001, received 2025-10-15) reports net assets $527,887,960, administrative expenses $81,863, recordkeeping fees $0, investment management fees $0 and 1 Schedule C providers.

Provider (trust level)Service codesPaid by the trustAllocated to this plan
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper60$0$0

Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.

What changed since the 2023 plan year

Figure20232024Change
Total assets$480,711,881$527,046,3799.6%
Participants with a balance3,5173,6574.0%
Administrative expenses$271,905$132,195-51.4%
Recordkeeping fees per participant$47.38$13.16-72.2%
Employer contributions$16,519,167$18,319,40610.9%

Prior filing 20241008155815NAL0008548867001, received 2024-10-08; the plan years are contiguous.

Alerts, claims and corrections

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