Plan Ledger DOL Form 5500 · updated monthly

Harbor Rail Services of Ca401(k)

HARBOR RAIL SERVICES OF CA., INC. 401(K) AND PS PLAN · PASADENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Harbor Rail Services of Ca reported $31,462 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $1,012 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 fell from 0.58% to 0.52%. 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 California (6,531st of 9,483), and 1,465th of 2,677 in transportation & warehousing. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 285 to 358 since 2022.

Plan summary
Net assets, end of year$6,388,561
Participants with balances198
Active participants358
Employer contributions$362,466
Employee contributions$631,889
Employer contribution per active participant$1,012
Average account balance$32,265
Benefits paid to participants$841,962
Plan auditUnmodified (clean) audit opinion
AuditorGAIL EGAN CPA ESQ.
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 198 accts · $362K emplr
2023$5.7M · 216 accts · $375K emplr
2022$4.5M · 234 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,197
Investment management$14,165
Audit (IQPA)$7,100
Total administrative$31,462
The Harbor Rail Services of Ca 401(k) match · 2024
Employer contribution per active participant$1,012
Median for plans this size$1,313
2024$1,012 per active participant
2023$1,093 per active participant
2022$526 per active participant

Harbor Rail Services of Ca'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 · 20244
LPL FINANCIAL CORPORATION RPCP · Recordkeeping · Trustee$14,165
ADP, INC. · Loan processing · Recordkeeping$10,197
EGAN CPAS LP · Recordkeeping · Pension consulting$7,100
ADP BROKER-DEALER · Other servicesindirect 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, EGAN CPAS LP, LPL Financial
2023ADP, LPL Financial

This plan has changed recordkeepers within these filings. If you left Harbor Rail Services of Ca before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,462 · 0.52%
2023$21,575 · 0.42%
2022$28,827 · 0.58%
Same employer
Similar plansTransportation & Warehousing · California
Cargomatic, Inc. CA$6.4M · 0.13%
Atech Logistics Inc. CA$6.3M · 0.35%
Hopskipdrive, Inc. CA$6.3M · 0.46%
Music Express Inc. CA$6.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954608228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.