Plan Ledger DOL Form 5500 · updated monthly

Handy Truck Line, Inc.401(k)

HANDY TRUCK LINE, INC. 401(K) PROFIT SHARING PLAN · PAUL, ID · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Handy Truck Line, Inc. reported $53,311 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $997 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 0.841%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Idaho (209th of 349), and 1,420th of 2,677 in transportation & warehousing. In 2024, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,810,158
Participants with balances266
Active participants161
Employer contributions$160,496
Employee contributions$455,596
Employer contribution per active participant$997
Average account balance$25,602
Benefits paid to participants$384,226
Plan auditUnmodified (clean) audit opinion
AuditorPOULSEN VANLEUVEN & CATMULL
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 266 accts · $160K emplr
2023$5.9M · 263 accts · $65K emplr
2022$5.0M · 253 accts · $53K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,259
Investment management$28,052
Total administrative$53,311
The Handy Truck Line, Inc. 401(k) match · 2024
Employer contribution per active participant$997
Median for plans this size$1,313
2024$997 per active participant
2023$394 per active participant
2022$342 per active participant

Handy Truck Line, Inc.'s 2024 employer contribution ran below the $1,313 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
PORTSIDE WEALTH GROUP · Investment advisory (participants)$28,052

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$53,311 · 0.84%
2023$53,239 · 0.98%
2022$38,481 · 0.84%
Similar plansTransportation & Warehousing · Idaho
Empire Airlines Inc. ID$29.9M · 0.28%
J.M.F. Company, Inc. ID$9.6M · 0.81%
Gary Amoth Trucking, Inc. ID$6.5M · 0.58%
Gap Services, Inc ID$2.9M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820262328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.