Plan Ledger DOL Form 5500 · updated monthly

Hitachi Rail Honolulu Jv401(k)

HITACHI RAIL HONOLULU JV RETIREMENT/SAVINGS PLAN · PITTSBURGH, PA · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Hitachi Rail Honolulu Jv reported $6,145 in plan administrative expenses for 2022: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,893 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,896th of 3,651), and 11,275th of 13,661 in manufacturing. In 2022, the employer put in $1.00 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,865,750
Participants with balances278
Active participants216
Employer contributions$840,904
Employee contributions$838,520
Employer contribution per active participant$3,893
Average account balance$17,503
Benefits paid to participants$565,337
Plan auditUnmodified (clean) audit opinion
AuditorURISH POPECK& CO., LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $207K emplr
2022$4.9M · 278 accts · $841K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,795
Total administrative$6,145
The Hitachi Rail Honolulu Jv 401(k) match · 2022
Employer contribution per active participant$3,893
Median for plans this size$1,114

Hitachi Rail Honolulu Jv's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$6,145 · 0.13%
Similar plansManufacturing · Pennsylvania
Printfly Corporation PA$5.1M · 0.05%
Kenson Plastics, Inc. PA$4.9M · 0.04%
Ross Industrial, LLC PA$4.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273131075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.