Plan Ledger DOL Form 5500 · updated monthly

Freightliner of Hartford Inc401(k)

FREIGHTLINER OF HARTFORD INC 401(K) PROFIT SHARING PLAN & TRUST · EAST HARTFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.04%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Freightliner of Hartford Inc reported $4,754 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $634 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.02% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (687th of 1,106), and 7,801st of 13,661 in manufacturing. In 2024, employees put in $10.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,743,400
Participants with balances197
Active participants173
Employer contributions$109,730
Employee contributions$1,097,373
Employer contribution per active participant$634
Average account balance$64,687
Benefits paid to participants$219,386
Plan auditUnmodified (clean) audit opinion
AuditorSCOTT AND COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 197 accts · $110K emplr
2023$10.5M · 195 accts · $98K emplr
2022$8.3M · 149 accts · $82K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,894
Trustee / custodial$860
Total administrative$4,754
The Freightliner of Hartford Inc 401(k) match · 2024
Employer contribution per active participant$634
Median for plans this size$2,416
2024$634 per active participant
2023$600 per active participant
2022$502 per active participant

Freightliner of Hartford Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$4,754 · 0.04%
2023$4,409 · 0.05%
2022$2,025 · 0.02%
Same employer
Similar plansManufacturing · Connecticut
United Steel, Inc. CT$13.4M · 0.44%
Projects Incorporated CT$13.0M · 0.06%
Unger Enterprises, LLC CT$12.9M · 0.03%
The Platt Bros. & Co. CT$12.7M · 0.21%
Highway Safety Corporation CT$12.5M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 060980898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.