Plan Ledger DOL Form 5500 · updated monthly

Hale Trailer Brake & Wheel, Inc.401(k)

HALE TRAILER BRAKE & WHEEL, INC. 401(K) PLAN · VOORHEES, NJ · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Hale Trailer Brake & Wheel, Inc. reported $85,219 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,096 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 3 years on file its reported administrative ratio has held roughly steady near 0.25%. 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 the 732nd-largest of 2,419 plans among New Jersey employers on file, and the 3,999th of 13,661 in manufacturing. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 382 to 489 since 2022.

Plan summary
Net assets, end of year$35,422,704
Participants with balances474
Active participants489
Employer contributions$1,024,845
Employee contributions$2,059,499
Employer contribution per active participant$2,096
Average account balance$74,731
Benefits paid to participants$4,807,532
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.4M · 474 accts · $1.0M emplr
2023$32.8M · 441 accts · $999K emplr
2022$27.2M · 419 accts · $924K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,470
Investment management$68,749
Total administrative$85,219
The Hale Trailer Brake & Wheel, Inc. 401(k) match · 2024
Employer contribution per active participant$2,096
Median for plans this size$2,416
2024$2,096 per active participant
2023$2,107 per active participant
2022$2,418 per active participant

Hale Trailer Brake & Wheel, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$85,220

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$85,219 · 0.25%
2023$75,413 · 0.25%
2022$75,066 · 0.26%
Same employer
Similar plansManufacturing · New Jersey
The Echo Design Group, Inc. NJ$36.1M · 0.38%
Audiocodes, Inc. NJ$35.4M · 0.37%
Consarc Corporation NJ$35.2M · 0.27%
Diy Media Group, Inc. NJ$34.7M · 0.06%
Harris Freeman & Co., Inc. NJ$34.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231622629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.