Plan Ledger DOL Form 5500 · updated monthly

Halvor Lines, Inc.401(k)

HALVOR LINES, INC. EMPLOYEES 401(K) PROFIT SHARING PLAN · SUPERIOR, WI · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Halvor Lines, Inc. reported $123,423 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,627 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 0.638%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 837th-largest of 1,936 plans among Wisconsin employers on file, and the 718th of 2,677 in transportation & warehousing. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,912,104
Participants with balances410
Active participants670
Employer contributions$1,090,132
Employee contributions$2,473,366
Employer contribution per active participant$1,627
Average account balance$51,005
Benefits paid to participants$2,907,274
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 410 accts · $1.1M emplr
2023$17.8M · 422 accts · $968K emplr
2022$13.3M · 384 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,086
Investment management$76,337
Total administrative$123,423
The Halvor Lines, Inc. 401(k) match · 2024
Employer contribution per active participant$1,627
Median for plans this size$2,416
2024$1,627 per active participant
2023$1,457 per active participant
2022$584 per active participant

Halvor Lines, 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 · 20243
JMR FINANCIAL GROUP, INC. · Recordkeeping · Trustee$76,337
ADP, INC. · Loan processing · Recordkeeping$47,086
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, JMR FINANCIAL GROUP, INC.
2023ADP, JMR FINANCIAL GROUP, INC.

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Administrative cost history3
2024$123,423 · 0.64%
2023$102,249 · 0.66%
2022$87,474 · 0.64%
Same employer
Similar plansTransportation & Warehousing · Wisconsin
Lamers Bus Lines, Inc. WI$26.6M · 0.03%
Wow Logistics Company WI$24.7M · 0.18%
Jht Holdings, Inc. WI$24.1M · 0.28%
Tankstar USA, Inc. WI$19.5M · 0.06%
Riteway Bus Service, Inc. WI$16.6M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410958036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.