Plan Ledger DOL Form 5500 · updated monthly

Hillmans Bus Service, Inc.401(k)

HILLMAN BUS 401(K) · WEST BERLIN, NJ · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Hillmans Bus Service, Inc. reported $2,862 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $143 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (2,262nd of 2,419), and 2,367th of 2,677 in transportation & warehousing. In 2022, employees put in $6.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$709,171
Participants with balances58
Active participants197
Employer contributions$28,182
Employee contributions$169,373
Employer contribution per active participant$143
Average account balance$12,227
Benefits paid to participants$25,889
Plan auditUnmodified (clean) audit opinion
AuditorBARATZ & ASSOCIATES, P.A.
Administrative expenses, itemized · 2022
Professional / advisory$2,862
Total administrative$2,862
The Hillmans Bus Service, Inc. 401(k) match · 2022
Employer contribution per active participant$143
Median for plans this size$331

Hillmans Bus Service, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,862 · 0.47%
Similar plansTransportation & Warehousing · New Jersey
Zip Aviation NJ$1.2M · 0.57%
Belair Transport Inc. NJ$1.2M · 0.53%
US Linehaul Inc NJ$906K · 0.34%
Jays Bus Service, Inc. NJ$518K · 1.79%
Hain Logistics, Inc. NJ$271K · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210704498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.