Plan Ledger DOL Form 5500 · updated monthly

H&E Equipment Services, Inc.401(k)

H&E EQUIPMENT SERVICES, INC. 401K PROFIT SHARING · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

H&E Equipment Services, Inc. reported $485,331 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,880 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 0.25% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 36th-largest of 884 plans among Louisiana employers on file, and the 263rd of 4,246 in wholesale trade. In 2024, employees put in $3.05 for every $1.00 the employer contributed; active participation has grown from 2,316 to 2,870 since 2022.

Plan summary
Net assets, end of year$179,315,539
Participants with balances3,592
Active participants2,870
Employer contributions$5,394,914
Employee contributions$16,441,643
Employer contribution per active participant$1,880
Average account balance$49,921
Benefits paid to participants$18,548,151
Plan auditUnmodified (clean) audit opinion
AuditorHAWTHORN, WAYMOUTH, & CARROLL
Plan history3
Yearassets · accounts · employer contribution
2024$179.3M · 3,592 accts · $5.4M emplr
2023$154.8M · 3,710 accts · $4.6M emplr
2022$130.2M · 3,102 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$362,109
Investment management$103,172
Total administrative$485,331
The H&E Equipment Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,880
Median for plans this size$3,635
2024$1,880 per active participant
2023$1,646 per active participant
2022$1,686 per active participant

H&E Equipment Services, Inc.'s 2024 employer contribution ran below the $3,635 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.

Service providers · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$23,964
MBG RETIREMENT INC.$19,938

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$485,331 · 0.29%
2023$368,318 · 0.26%
2022$364,282 · 0.25%
Same employer
Similar plansWholesale Trade · Louisiana
Scp Distributors, LLC LA$436.0M · 0.08%
Cgb Enterprises, Inc. LA$335.3M · 0.13%
Morris & Dickson Co., LLC LA$75.5M · 0.14%
Zen-Noh Grain Corporation LA$71.5M · 0.20%
Crescent Crown Distributing LA$65.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810553291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.