Plan Ledger DOL Form 5500 · updated monthly

Horwith Trucks, Inc.401(k)

HORWITH TRUCKS, INC. 401(K) RETIREMENT PLAN · NORTHAMPTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Horwith Trucks, Inc. reported $32,924 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,715 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 has held roughly steady near 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Pennsylvania (1,827th of 3,651), and the 893rd of 2,677 in transportation & warehousing. In 2024, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,256,754
Participants with balances148
Active participants145
Employer contributions$393,744
Employee contributions$534,966
Employer contribution per active participant$2,715
Average account balance$103,086
Benefits paid to participants$2,185,353
Plan auditDisclaimer of opinion
AuditorMORISONCOGEN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 148 accts · $394K emplr
2023$14.8M · 150 accts · $326K emplr
2022$12.1M · 151 accts · $274K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,606
Investment management$29,318
Total administrative$32,924
The Horwith Trucks, Inc. 401(k) match · 2024
Employer contribution per active participant$2,715
Median for plans this size$2,416
2024$2,715 per active participant
2023$2,204 per active participant
2022$1,748 per active participant

Horwith Trucks, Inc.'s 2024 employer contribution ran above 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 · 20242
PRIVATE ADVISOR GROUP · Investment advisory (plan)$29,318
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$3,605

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$32,924 · 0.22%
2023$30,239 · 0.22%
2022$25,497 · 0.23%
Same employer
Similar plansTransportation & Warehousing · Pennsylvania
Crossett, Inc. PA$17.5M · 0.66%
Gate 1, LTD. PA$16.6M · 0.31%
Jillamy, Inc PA$16.4M · 0.51%
W.J. Beitler Co. PA$16.2M · 0.41%
Allen Distribution PA$13.3M · 1.66%
A & S Services Group, LLC PA$12.5M · 1.18%
O. D. Anderson, Inc. PA$12.0M · 0.63%
Daniel F. Young, Inc. PA$12.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231732270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.