Plan Ledger DOL Form 5500 · updated monthly

Hill Transportation Inc.401(k)

HILL TRANSPORTATION 401(K) PLAN · LOUISVILLE, KY · plan year 2021

Reported admin expense ratio · 2021
2.21%

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

Hill Transportation Inc. reported $11,832 in plan administrative expenses for 2021: 2.21% of average plan assets, higher than ~75% of peers. Employer contributions averaged $259 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 fell from 2.13% to 1.63%. The plan sits in the under $1M size bracket, benchmarked here against 93 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Kentucky (851st of 871), and 2,397th of 2,677 in transportation & warehousing. In 2021, employees put in $2.60 for every $1.00 the employer contributed; active participation has grown from 123 to 146 since 2019.

Plan summary
Net assets, end of year$586,304
Participants with balances54
Active participants146
Employer contributions$37,872
Employee contributions$98,457
Employer contribution per active participant$259
Average account balance$10,857
Benefits paid to participants$102,895
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2022$551K · 42 accts · $42K emplr
2021$586K · 54 accts · $38K emplr
2020$484K · 50 accts · $38K emplr
2019$346K · 55 accts · $41K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$11,832
Total administrative$11,832
The Hill Transportation Inc. 401(k) match · 2021
Employer contribution per active participant$259
Median for plans this size$275
2022$190 per active participant
2021$259 per active participant
2020$322 per active participant
2019$331 per active participant

Hill Transportation Inc.'s 2021 employer contribution ran below the $275 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2022$9,284 · 1.63%
2021$11,832 · 2.21%
2020$4,147 · 1.00%
2019$5,416 · 2.13%
Same employer
Similar plansTransportation & Warehousing · Kentucky
Pyles Transport Inc. KY$919K · 0.57%
Tco, LLC KY$583K
Gosshall Systems, LLC. KY$113K · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611344542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.