Plan Ledger DOL Form 5500 · updated monthly

Hph Transport, Inc.401(k)

HEALTH PARK 401(K) PLAN · BARRINGTON, IL · plan year 2024

Reported admin expense ratio · 2024
5.06%

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

Hph Transport, Inc. reported $21,398 in plan administrative expenses for 2024: 5.06% of average plan assets, higher than ~90% of peers. Employer contributions averaged $190 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 3.56% to 5.06%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (3,573rd of 3,702), and 2,455th of 2,677 in transportation & warehousing. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$422,815
Participants with balances208
Active participants357
Employer contributions$67,743
Employee contributions$87,929
Employer contribution per active participant$190
Average account balance$2,033
Benefits paid to participants$190,483
Plan auditUnmodified (clean) audit opinion
AuditorABIP, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$423K · 208 accts · $68K emplr
2022$275K · 30 accts · $28K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,235
Investment management$2,163
Total administrative$21,398
The Hph Transport, Inc. 401(k) match · 2024
Employer contribution per active participant$190
Median for plans this size$540
2024$190 per active participant
2022$114 per active participant

Hph Transport, Inc.'s 2024 employer contribution ran below the $540 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ASSETMARK RETIREMENT SERVICES, INC. · Recordkeeping · Loan processing$21,397

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$21,398 · 5.06%
2022$9,086 · 3.56%
Similar plansTransportation & Warehousing · Illinois
Cdl 1000, Inc. IL$539K · 2.03%
Devil Dog Delivery, LLC IL$489K · 0.51%
Lakeview Bus Lines Inc. IL$433K · 0.44%
Dauntless Delivery LLC IL$423K · 0.46%
Merx Global, Inc. IL$399K · 1.21%
Amazing Home Delivery LLC IL$350K · 0.47%
Bear Down Logistics Inc IL$349K · 2.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813603833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.