Plan Ledger DOL Form 5500 · updated monthly

Howell's Motor Freight, Inc.401(k)

HOWELL'S MOTOR FREIGHT, INC. 401(K) PROFIT SHARING PLAN · ROANOKE, VA · plan year 2022

Reported admin expense ratio · 2022
0.09%

Howell's Motor Freight, Inc. reported $7,356 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. 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 0.09% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Virginia (1,647th of 2,266), and 1,375th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$7,238,315
Participants with balances183
Active participants172
Employer contributions—
Employee contributions$522,768
Employer contribution per active participant—
Average account balance$39,554
Benefits paid to participants$393,198
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON & REED LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 160 accts
2023$5.7M · 166 accts
2022$7.2M · 183 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,356
Total administrative$7,356
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 history3
2024$8,436 · 0.15%
2023$7,844 · 0.12%
2022$7,356 · 0.09%
Same employer
Similar plansTransportation & Warehousing · Virginia
Avmac, LLC VA$7.8M · 0.30%
Urgent.Ly Inc. VA$7.4M · 0.05%
Fleetmaster Express, Inc. VA$5.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540629150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.