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Illinois › Manufacturing › 5,000 to 24,999 participants

Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024

Hydro Extrusion USA, LLC Savings Plan

Sponsored by Hydro Extrusion USA, LLC, Rosemont, IL

401(k) planautomatic enrollmentcollectively bargained

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.

$535Mnet assets, end of plan year+9% on the year
8,177participants5,364 active
$65,423net assets per participantsame-size median $64,499
$3,451employer contributions per active participantsame-size median $2,424

Hydro Extrusion USA, LLC of Rosemont, Illinois sponsors Hydro Extrusion USA, LLC Savings Plan, a 401(k) plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 8,177 participants (5,364 active) and $535M in net assets.

Net assets came to $65,423 per participant, close to the $64,499 median for defined contribution plans with 5,000 to 24,999 participants and above the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.

The employer contributed $18.5M during the year, or $3,451 per active participant against a same-size median of $2,424; participants contributed $28.3M and $2.7M arrived as rollovers and other contributions. Benefits paid out totalled $68.7M.

Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $688K: $84.16 per participant, well above the same-size median of $53.38. Administrative expenses charged to the plan were $687K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.

Across the filings on record, net assets went from $97.4M in 2009 to $535M in 2024 (up 449%), and participants from 2,573 to 8,177 (up 218%).

The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.

Compared with similar plans

MeasureThis planSame sizeSame industryAll US DC plans
Net assets per participant$65,423$64,499$62,303$53,102
Employer contributions per active participant$3,451$2,424$2,187$2,175
Schedule C compensation per participant$84.16$53.38$136$123
Schedule C compensation, share of net assets0.13%0.09%0.24%0.26%
Administrative expenses per participant$83.99$54.85$131$116

Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 5,000 to 24,999 participants (2,605 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.

Trend by plan year

2009: $97.4M2010: $113M2011: $118M2012: $141M2013: $168M2014: $229M2015: $245M2016: $272M2017: $323M2018: $315M2019: $388M2020: $416M2021: $481M2022: $414M2023: $489M2024: $535M$97.4M$535M20092012201620202024
Net assets at year end
2009: 2,5732010: 3,3042011: 3,5242012: 4,1672013: 5,1092014: 6,6312015: 7,6782016: 7,6442017: 7,2182018: 7,7812019: 7,5522020: 6,9912021: 7,5792022: 8,1942023: 7,8952024: 8,1772,5738,1948,17720092012201620202024
Participants at year end
Plan yearParticipantsNet assetsPer participantEmployer contributionsParticipant contributionsSchedule C compensation
20248,177$535M$65,423$18.5M$28.3M$688K
20237,895$489M$61,951$19.3M$27.1M$565K
20228,194$414M$50,573$19.1M$25.7M$537K
20217,579$481M$63,492$15.6M$22.6M$468K
20206,991$416M$59,527$14.5M$20.7M$366K
20197,552$388M$51,393$14.8M$19.5M$749K
20187,781$315M$40,486$13.8M$18.3M$619K
20177,218$323M$44,704$12.9M$16.6M$695K
20167,644$272M$35,645$11.9M$15.0M$762K
20157,678$245M$31,879$11.8M$13.8M$478K
20146,631$229M$34,593$9.7M$12.1M$432K
20135,109$168M$32,886$7.2M$8.5M$251K
20124,167$141M$33,900$6.2M$7.3M$40K
20113,524$118M$33,415$5.5M$7.2M$30K
20103,304$113M$34,226$2.3M$5.8M$32K
20092,573$97.4M$37,846$3.2M$4.4M$36K

Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.

Statement for the year

  • Net assets, beginning of year$489,104,832
  • Employer contributions$18,509,650
  • Participant contributions$28,270,891
  • Rollovers and other contributions$2,710,683
  • Total contributions$49,491,224
  • Total income, including investment results$115,240,548
  • Benefits paid$68,675,590
  • Administrative expenses$686,788
  • Total expenses$69,379,825
  • Net income$45,860,723
  • Net transfers$0
  • Net assets, end of year$534,965,555

Participants

  • Active participants5,364
  • Retired or separated, receiving benefits36
  • Retired or separated, entitled to future benefits2,715
  • Participants with account balances8,128
  • Total participants, end of year8,177

Fees and service providers

$688KSchedule C compensation to organisations$688K direct · $0 indirect
$84.16per participantsame-size median $53.38
0.13%of net assetssame-size median 0.09%
$687Kadministrative expenses charged to the plan$83.99 per participant
OrganisationServices reportedDirectIndirect
Fidelity Investments InstitutionalParticipant loan processing$567,846$0
MercerConsulting (general); Investment advisory (plan)$88,675$0
Schneider Downs & Co., Inc.Accounting (including auditing)$31,672$0

Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.

Administrative expenses on Schedule H

  • Recordkeeping fees$564,941
  • Other administrative expenses$88,675
  • IQPA audit fees$31,672
  • Contract administrator fees$1,500
  • Total administrative expenses$686,788

Investment structure

Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.

  • Common/collective trusts$488M · 91.2%
  • Registered investment companies (mutual funds)$20.6M · 3.9%
  • Participant loans$16.5M · 3.1%
  • Corporate stocks$7.0M · 1.3%
  • Cash (interest and non-interest bearing)$2.8M · 0.5%

Audit and compliance answers, as filed

  • Accountant's opinionUnmodified (unqualified)
  • Audit scope limited under ERISA section 103(a)(3)(C)Yes
  • Accounting firmSchneider Downs & Co., Inc.
  • Participant contributions reported as transmitted lateNo
  • Covered by a fidelity bondYes, $500,000
  • Blackout period during the yearNo

These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.

Plan characteristics

  • 2EProfit-sharing plan
  • 2FERISA section 404(c) plan
  • 2GTotal participant-directed account plan
  • 2JCode section 401(k) feature
  • 2KCode section 401(m) arrangement
  • 2S401(k) plan or 403(b) plan that provides for automatic enrollment
  • 2TTotal or partial participant-directed account plan with a default investment account
  • 3HPlan sponsor(s) is (are) a member(s) of a controlled group
  • 2RParticipant-directed brokerage accounts provided as an investment option under the plan

Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 331310: Alumina & Aluminum Production & Processing.

Other plans of Hydro Extrusion USA, LLC

PlanParticipantsNet assets
Hydro Extrusion USA, LLC Pension Plan771$48.5M

Similar plans in Illinois

PlanSponsorParticipantsNet assetsPer participant
Molex Retirement and Savings PlanMolex, LLC8,869$1.30B$146,948
Usg Corporation Investment PlanUsg Corporation8,045$1.01B$125,232
Amsted Industries Incorporated Employees' Stock Ownership PlanAmsted Industries Incorporated9,167$3.70B$403,522
International Motors, LLC 401(k) Retirement PlanInternational Motors, LLC7,744$1.77B$229,033
Conagra Brands Retirement Income Savings Plan for Union EmployeesConagra Brands, Inc.9,590$224M$23,375
Prairie Farms Dairy Thrift Incentive PlanPrairie Farms Dairy, Inc.7,733$637M$82,437

Defined contribution plans in manufacturing closest in size.

Questions and answers

How big is Hydro Extrusion USA, LLC Savings Plan?

8,177 participants at the end of the plan year ending 31 Dec 2024, of whom 5,364 were active employees, with net assets of $534,965,555. Among defined contribution plans that places it in the 5,000 to 24,999 participants band, which held 2,605 plans in plan year 2024.

What does Hydro Extrusion USA, LLC contribute per participant?

The filing reports $18,509,650 in employer contributions for the year, which is $3,451 per active participant; the median for plans of the same type and size was $2,424 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.

What fees does the plan pay and how do they compare?

Schedule C reports $688,193 in compensation to service provider organisations, $84.16 per participant or 0.13% of net assets. The same-size median among plans reporting any Schedule C compensation was $53.38 per participant. Administrative expenses on Schedule H were $686,788. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.

Who runs the plan?

The sponsor is Hydro Extrusion USA, LLC. Recordkeeping or administration: Fidelity Investments Institutional. Investment advisory or management: Mercer. The financial statements were audited by Schneider Downs & Co., Inc.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.

Was the audit opinion unqualified?

The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.

How current is this, and does it show my balance?

This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 1 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 58-2216096, plan 001, received 1 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.