Plan Ledger DOL Form 5500 · updated monthly

Highland Pellets LLC401(k)

HIGHLAND PELLETS LLC 401(K) PROFIT SHARING PLAN & TRUST · PINE BLUFF, AR · plan year 2023

Reported admin expense ratio · 2023
1.26%

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

Highland Pellets LLC reported $26,077 in plan administrative expenses for 2023: 1.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,431 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 0.93% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Arkansas (383rd of 456), and 12,650th of 13,661 in manufacturing. In 2023, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,349,921
Participants with balances145
Active participants108
Employer contributions$262,510
Employee contributions$395,181
Employer contribution per active participant$2,431
Average account balance$16,206
Benefits paid to participants$281,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 165 accts · $298K emplr
2023$2.3M · 145 accts · $263K emplr
2022$1.8M · 202 accts · $224K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,668
Investment management$10,409
Total administrative$26,077
The Highland Pellets LLC 401(k) match · 2023
Employer contribution per active participant$2,431
Median for plans this size$1,308
2024$3,012 per active participant
2023$2,431 per active participant
2022$2,090 per active participant

Highland Pellets LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PAYCHEX, INC. · Investment advisory (plan) · Recordkeeping$14,307
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan) · Recordkeeping$10,315

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

Recordkeeper by year2
2024Paychex
2023LEVELIZED COMPENSATION ADVISOR, Paychex

This plan has changed recordkeepers within these filings. If you left Highland Pellets LLC 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$23,233 · 1.01%
2023$26,077 · 1.26%
2022$15,515 · 0.93%
Similar plansManufacturing · Arkansas
Aromatique, Inc. AR$3.8M · 0.01%
Whiting Systems, Inc. AR$3.5M · 0.91%
Maxwell Hardwood, Inc. AR$1.7M · 0.43%
Lb Amfuel LLC AR$1.4M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464226204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.