Plan Ledger DOL Form 5500 · updated monthly

Hinton Transportation Investments, Inc.401(k)

PROJECT EMPLOYEE 401K RETIREMENT PLAN · BYRON CENTER, MI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Hinton Transportation Investments, Inc. reported $40,959 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,426 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 0.10% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 676th-largest of 2,619 plans among Michigan employers on file, and the 1,138th of 4,246 in wholesale trade. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 572 to 813 since 2022.

Plan summary
Net assets, end of year$36,025,848
Participants with balances438
Active participants813
Employer contributions$1,159,345
Employee contributions$2,804,440
Employer contribution per active participant$1,426
Average account balance$82,251
Benefits paid to participants$4,139,711
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$36.0M · 438 accts · $1.2M emplr
2023$31.5M · 412 accts · $1.0M emplr
2022$25.6M · 296 accts · $889K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,812
Investment management$19,678
Audit (IQPA)$14,469
Total administrative$40,959
The Hinton Transportation Investments, Inc. 401(k) match · 2024
Employer contribution per active participant$1,426
Median for plans this size$2,416
2024$1,426 per active participant
2023$1,249 per active participant
2022$1,554 per active participant

Hinton Transportation Investments, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,678
CROWE LLP · Accounting / audit$14,469
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,812

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$40,959 · 0.12%
2023$38,107 · 0.13%
2022$28,310 · 0.10%
Same employer
Similar plansWholesale Trade · Michigan
Barnum Acquisition, LLC MI$38.4M · 0.19%
Avfuel Corporation MI$37.0M · 0.31%
Morrison Industries, Inc. MI$35.6M · 0.47%
Fabiano Brothers, Inc. MI$34.4M · 0.23%
Virginia Tile Company, LLC MI$33.4M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382532791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.